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Stock impact report

XORTX Files an Amended and Restated Prospectus Supplement for the Offering of Units [Canadian Business Journal (Canada)]

XORTX Therapeutics Inc. (XRTX) 
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICESCALGARY, Alberta, Feb. 01, 2024 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“CompanyThe amended and restated prospectus supplement is on a non-brokered offering of up to 1,333,334 common share units (“Common Share UnitsWarrantOfferingTSXVthThe Offering is expected to close on or about February 7, 2024, subject to satisfaction of customary closing conditions, and such closing may occur over multiple tranches, and in no event will the last closing date be later than 45 days from the date hereof.The Company may pay finder’s fee representing 5% of the gross proceeds from the Offering to one or more qualified finders in respect of the sale of Common Share Units to certain identified purchasers.The Offering is made under the short form base shelf prospectus dated April 24, 2023, which provides for the issue of up to $50 million principal amount of securities. Complete details of the Offering are set out in the amended and restated pros Show less Read more
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