Allarity Therapeutics Files Prospectus Supplement To Increase Offering Price Of Common Stock That May Be Offered From $1.4M-$2.4M
Portfolio Pulse from Benzinga Newsdesk
Allarity Therapeutics has filed a prospectus supplement with the SEC to increase the offering price of its common stock from $1.4 million to $2.4 million. This move indicates the company's intention to raise more capital through its stock offering.

April 11, 2024 | 5:42 pm
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Allarity Therapeutics' decision to increase the offering price of its common stock could potentially attract more investor interest, aiming to raise more capital.
By filing a prospectus supplement to increase the offering price of its common stock, Allarity Therapeutics is signaling its intent to raise additional capital. This move could be seen positively by investors as it indicates the company's proactive approach to funding its operations and growth, potentially leading to a short-term positive impact on its stock price.
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