InflaRx Announces Closing of $30 Million Public Offering of Ordinary Shares and Pre-Funded Warrants
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InflaRx N.V. has completed a $30 million public offering, issuing 8.25 million ordinary shares at $2.00 each and pre-funded warrants for 6.75 million shares.
February 18, 2025 | 9:15 pm
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InflaRx N.V. completed a $30 million public offering, issuing 8.25 million shares at $2.00 each and pre-funded warrants for 6.75 million shares.
The completion of a public offering can have mixed effects on a stock. While it raises capital for the company, it also dilutes existing shares. The offering price of $2.00 per share may set a short-term price floor, but the market's reaction will depend on how investors perceive the use of the raised funds.
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