Defence Closes Second Tranche of Fully Subscribed Financing Totaling $4.2 Million
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Defence Therapeutics Inc. has successfully closed the second tranche of its non-brokered private placement, raising a total of $4.2 million. The offering was fully subscribed, with each unit priced at $0.60, consisting of one common share and one warrant.
January 31, 2025 | 11:15 pm
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Defence Therapeutics Inc. completed a fully subscribed financing round, raising $4.2 million. This strengthens the company's financial position and supports its biopharmaceutical development projects.
The successful closing of the financing round indicates strong investor confidence and provides Defence Therapeutics with additional capital to advance its projects. This is likely to have a positive impact on the stock price in the short term.
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