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0.000786369593708957 0.00144167758846648 -0.043905635648755 -0.0301441677588467 -0.0825688073394496 -0.131716906946265 -0.217562254259502 -0.263761467889908
Stock impact report

Surrozen Announces up to $192.5 Million Private Placement of Securities Priced At-the-Market Under Nasdaq Rules [Yahoo! Finance]

Surrozen, Inc. (SRZN) 
Company Research Source: Yahoo! Finance
Initial capital funds expansion of Phase 1b trial in severe alcohol-associated hepatitis and extends cash runway Phase Ib data in expanded study expected in 1H 2025 SOUTH SAN FRANCISCO, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Surrozen, Inc. (“Surrozen” or the “Company”) (Nasdaq: SRZN, SRZNW), a company pioneering targeted therapeutics that selectively activate the Wnt Pathway for tissue repair and regeneration, today announced that it has entered into securities purchase agreements with certain institutional and accredited investors to purchase shares of common stock, pre-funded warrants and accompanying warrants to purchase shares of common stock. If the warrants to purchase common stock are exercised in full, the private placement would provide approximately $192.5 million in gross proceeds and result in the issuance of approximately 12.2 million shares of common stock. The private placement was priced “at-the-market” under the rules and regulations of The Nasdaq Stock Marke Show less Read more
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