AzurRx BioPharma (AZRX) Upsizes Previously Announced 5.5M Share Bought Deal offering to 9.1M Share

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July 22, 2021 5:51 PM EDT

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AzurRx BioPharma (AZRX) Announces 5.5M Share Bought Deal Offering at $0.55/sh

July 22, 2021 4:52 PM EDT

AzurRx BioPharma, Inc. (NASDAQ: AZRX) a clinical stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 5,454,546 shares of common stock of the Company, at a price to the public of $0.55 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about July 27, 2021, subject to satisfaction of customary closing... More