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AGLE - Aeglea BioTherapeutics to raise $45M in stock and warrants offering
Aeglea BioTherapeutics Inc.
Aeglea BioTherapeutics (NASDAQ:AGLE) entered into a securities purchase agreement with certain institutional investors providing for the purchase and sale of registered securities in a registered direct offering for gross proceeds of ~$45M. The financing includes 10.75M shares at $1.6/share and pre-funded warrants to purchase 17.4M shares at $1.5999 per pre-funded warrant. Offer is expected to close on or about May 9, 2022.