XORTX Finalizes $2.7 Million Prospectus Supplement and Concurrent Private Placement for the Offering of Units [Canadian Business Journal (Canada)]
XORTX Therapeutics Inc. (XRTX)
Company Research
Source: Canadian Business Journal
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICESCALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“CompanySecond Tranche ClosingThe Company completed the Second Tranche Closing under the same terms of the previously announced first tranche closing on February 15, 2024 (the “First Tranche ClosingCommon Share UnitsWarrantOfferingThe common shares and Warrants contained in the Common Share Units are immediately separable upon issuance. The Warrants have an initial exercise price of CAD $4.50 per share, will be immediately exercisable, and may be exercised for two years from the date of issuance, provided, however that, if, the common shares on the TSX Venture Exchange (“TSXVIn connection with the Second Tranche Closing, the Company paid finder’s fees of CAD $10,342.50, representing a 5% finder’s fee on certain subscriptions in the Offering to qualified finders.Completion of the Second Tranche Closing concludes the Offering under the Company’s prospectus
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XRTX
News
- XORTX Reprices Warrants Issued in Connection with Previous Private Placements [Financial Post (Toronto, Ontario, Canada)]Financial Post
- XORTX Reprices Warrants Issued in Connection with Previous Private PlacementsGlobeNewswire
- XORTX Announces Publication of Key Research in ADPKD [Yahoo! Finance]Yahoo! Finance
- XORTX Announces Publication of Key Research in ADPKD [Financial Post (Toronto, Ontario, Canada)]Financial Post
- XORTX Announces Publication of Key Research in ADPKDGlobeNewswire
XRTX
Sec Filings
- 5/1/24 - Form NT
- 4/30/24 - Form 6-K
- 4/22/24 - Form 6-K
- XRTX's page on the SEC website