BriaCell Therapeutics Announces Pricing of $5.5 Million Public Offering
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BriaCell Therapeutics has announced a $5.5 million public offering, pricing 7.4 million common shares and warrants at $0.75 each. The warrants are exercisable at $0.9375 for five years. The offering is expected to close on December 13, 2024.
December 12, 2024 | 5:15 am
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BriaCell Therapeutics is conducting a $5.5 million public offering, issuing 7.4 million shares and warrants at $0.75 each. This could lead to short-term stock price volatility.
The issuance of new shares and warrants can lead to dilution, potentially putting downward pressure on the stock price in the short term. The offering's pricing and the exercise price of the warrants are key factors for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100