TC BioPharm Closes Public Offering Of 2M ADSs And Series G Warrants At $1 Per ADS
Portfolio Pulse from Benzinga Newsdesk
TC BioPharm has closed a public offering of 2 million American Depositary Shares (ADSs) and Series G warrants at $1 per ADS. The warrants are priced at £0.78 per ADS and will expire in one year.
August 15, 2024 | 3:31 pm
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TC BioPharm has successfully closed a public offering of 2 million ADSs and Series G warrants at $1 per ADS. The warrants are priced at £0.78 per ADS and will expire in one year.
The successful closing of the public offering indicates investor interest and provides the company with additional capital. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100