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NMTC - NeuroOne Medical Technologies announces private placement of $12.5M
NeuroOne Medical Technologies Corporation
NeuroOne Medical Technologies (NMTC) entered into a purchase agreement for the sale of 12.5M shares and warrants to purchase 12.5M shares of its common stock to certain investors in a private placement.Each share of common stock and corresponding warrant is being sold at a purchase price of $1.00 for anticipated gross proceeds of $12.5M.Proceeds from the proposed offering are expected to be used for general corporate and working capital purposes.Closing date Jan. 14, 2021.