Enveric Biosciences Announces Closing of $5 Million Public Offering
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Enveric Biosciences has closed a $5 million public offering, issuing 1,666,666 shares of common stock and Series A warrants. The company focuses on developing therapeutics for anxiety, depression, and addiction disorders.
February 03, 2025 | 10:15 pm
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Enveric Biosciences completed a $5 million public offering, issuing 1,666,666 shares and Series A warrants. This capital raise supports their focus on developing treatments for mental health disorders.
The successful closing of the $5 million public offering provides Enveric with additional capital to fund its research and development efforts. This is likely to be viewed positively by investors as it strengthens the company's financial position and supports its strategic focus on mental health therapeutics.
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