Palisade Bio Announces Closing of $5 Million Underwritten Public Offering Priced At-Market Under Nasdaq Rules
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Palisade Bio, Inc. has closed a $5 million underwritten public offering, consisting of Class A and Class B Units, priced at-market under Nasdaq rules.
December 13, 2024 | 9:30 pm
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Palisade Bio has successfully closed a $5 million public offering, which may provide the company with additional capital to advance its therapeutic developments.
The successful closing of the $5 million offering provides Palisade Bio with additional capital, which is crucial for a clinical-stage biopharmaceutical company. This could positively impact the stock price as it strengthens the company's financial position.
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