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home / news releases / CYTO - Altamira Therapeutics prices ~$5M public offering of shares

CYTO - Altamira Therapeutics prices ~$5M public offering of shares

Altamira Therapeutics Ltd.

2023-07-06 08:43:47 ET

  • RNA delivery technology company Altamira Therapeutics ( NASDAQ: CYTO ) said on Thursday that it priced an ~$5M public offering of shares.
  • The company is offering 11.1M shares, or pre-funded warrants in lieu thereof, accompanied by warrants to purchase up to 11.1M shares at $0.45 per share.
  • The warrants will have an exercise price of $0.45 per share.
  • The offering is expected to close on or about July 10.
  • The net proceeds are intended to be used for research and development, working capital and general corporate purposes.
  • CYTO shares were trading -16.43% pre-market.
  • Source: Press Release

For further details see:

Altamira Therapeutics prices ~$5M public offering of shares
Stock Information
Company Name: Altamira Therapeutics Ltd.
Stock Symbol: CYTO
Market: NASDAQ
Website: aurismedical.com
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