NeuroSense Therapeutics Entered Into Capital On Demand Sales Agreement With JonesTrading Institutional Services; May Offer And Sell, From Time To Time, Ordinary Shares Of Up To Gross Sale Proceeds $2.5M
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NeuroSense Therapeutics has entered into a Capital On Demand Sales Agreement with JonesTrading Institutional Services, allowing the company to offer and sell ordinary shares for up to $2.5 million in gross sale proceeds, according to an SEC filing.
August 16, 2024 | 8:14 pm
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NeuroSense Therapeutics has entered into a Capital On Demand Sales Agreement with JonesTrading Institutional Services, allowing the company to offer and sell ordinary shares for up to $2.5 million in gross sale proceeds.
The agreement allows NeuroSense Therapeutics to raise up to $2.5 million through the sale of ordinary shares. This could provide the company with additional capital, but the potential dilution of shares might neutralize the short-term stock price impact.
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