Shuttle Pharma Announces Its Intent to Pursue a Rights Offering [Yahoo! Finance]
Shuttle Pharmaceuticals Holdings, Inc. (SHPH)
Company Research
Source: Yahoo! Finance
development stage specialty pharmaceutical company focused on improving the outcomes of cancer patients treated with radiation therapy (RT), along with its wholly-owned subsidiary, Shuttle Diagnostics, Inc., a Maryland corporation ("Diagnostics"), today announced its intent to commence a Rights Offering where it plans to raise up to $4.5 million through the distribution of subscription rights and the exercise thereof, which full rights will entitle existing SHPH stockholders to purchase from the Company units (the "Units"), with each Unit consisting of (i) one share of SHPH common stock, (ii) a warrant to purchase one share of SHPH common stock exercisable at a per share purchase price of per share, and (iii) a percentage of equity interest in Diagnostics. The Units will be sold at a per Unit price equal to 90% of the VWAP of SHPH common stock for the five trading days immediately preceding closing. SHPH has separately entered into a securities purchase agreement with SRO LLC, a Nev
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SHPH
News
- Shuttle Pharmaceuticals to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024 [Yahoo! Finance]Yahoo! Finance
- Shuttle Pharmaceuticals to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024GlobeNewswire
- Shuttle Pharmaceuticals to Present at the Emerging Growth Conference on April 4, 2024GlobeNewswire
- Shuttle Pharma Provides Fourth Quarter 2023 Corporate Update [Yahoo! Finance]Yahoo! Finance
- Shuttle Pharma Provides Fourth Quarter 2023 Corporate UpdatePR Newswire
SHPH
Sec Filings
- 4/23/24 - Form 8-K
- 4/5/24 - Form S-1
- 3/22/24 - Form 8-K
- SHPH's page on the SEC website