Sonnet BioTherapeutics (SONN) Prices 35.3M Share+Warrant Offering at $0.85/sh

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Sonnet BioTherapeutics Announces Pricing of $30 Million Underwritten Public Offering

August 19, 2021 9:38 PM EDT

PRINCETON, NJ / ACCESSWIRE / August 19, 2021 / Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) ("Sonnet" or the "Company"), a biopharmaceutical company developing innovative targeted biologic drugs, today announced the pricing of an underwritten public offering of 35,294,117 shares of common stock or common stock equivalents (which includes pre-funded warrants to purchase shares of common stock in lieu of shares of common stock) and investor warrants to purchase up to an aggregate of 35,294,117 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold... More