Therapix Biosciences (TRPX) Prices 4.167M ADS Share Offering

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Therapix Biosciences Announces Pricing of $1.25 Million Public Offering

April 1, 2020 9:29 AM EDT

TEL AVIV, Israel, April 1, 2020 /PRNewswire/ -- Therapix Biosciences Ltd. ("Therapix" or the "Company") (Nasdaq: TRPX), a specialty, clinical-stage pharmaceutical company focusing on the development of cannabinoid-based treatments, today announced the pricing of a public offering for the issuance of an aggregate of 4,166,668 units, each consisting of (i) one pre-funded warrant to purchase one American depositary share ("ADS") and (ii) one Series B warrant to purchase one ADS, at a purchase price of $0.2999 per unit. The Series B warrants will have an exercise price of $0.43 per ADS, will be... More