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home / news releases / TCBP - TC BioPharm prices ~$5.5M public offering

TCBP - TC BioPharm prices ~$5.5M public offering

TC BioPharm (Holdings) plc

2023-03-28 08:38:17 ET

  • TC BioPharm (Holdings) ( NASDAQ: TCBP ) said on Tuesday that the biotechnology company has priced an ~$5.5M public offering.
  • The offering consists of 3.44M American Depositary Shares, along with series C warrants to purchase up to 3.44M ADSs, at $1.60 per ADS.
  • The series C warrants will have an exercise price of $1.75 per ADS.
  • Each ADS represents one ordinary share.
  • The offering is expected to close on or about Mar. 30.
  • The net proceeds are intended to be used for working capital and general corporate purposes.
  • TCBP shares were trading -11.11% pre-market.
  • Source: Press Release

For further details see:

TC BioPharm prices ~$5.5M public offering
Stock Information
Company Name: TC BioPharm (Holdings) plc
Stock Symbol: TCBP
Market: NASDAQ
Website: tcbiopharm.com
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