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home / news releases / brickell biotech announces 5m capital raise


BBI - Brickell Biotech announces $5M capital raise

Brickell Biotech (BBI) enters underwriting agreement with H.C. Wainwright under which the underwriter has agreed to purchase on a firm commitment basis ~8M shares at a price to the public of $0.62 per share.Closing is expected to occur on or about July 22, 2021.Underwriter's 30-day option to purchase up to an additional ~1.21M shares.Net proceeds to be deployed for research and development, including clinical trials, working capital and general corporate purposes.

For further details see:

Brickell Biotech announces $5M capital raise
Stock Information

Company Name: Brickell Biotech Inc.
Stock Symbol: BBI
Market: NYSE

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