ANEB - Anebulo Pharmaceuticals to launch private investment in public equity financing

• Anebulo Pharmaceuticals ( NASDAQ: ANEB ) will sell an aggregate of 2.3M shares and accompanying warrants to purchase up to 2.3M shares to certain institutional accredited investors through a private investment in public equity financing at $2.935 per share and accompanying warrant.
• The warrants, exercisable immediately, have an exercise price of $4.215 per share.
• The warrants will expire in five years.
• The biopharmaceutical company's public equity financing is expected to close on or about Sep. 29.
• The net proceeds are expected to be used to advance the development of its ANEB-001 brand and for other general corporate purposes.
• ANEB shares were trading +8.54% pre-market.
• Source: Press Release

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