Clarus Therapeutics (CRXT) Announces 3.02M Share Private Placement at $4.96/sh

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Clarus Therapeutics Announces $15 Million Private Placement

December 3, 2021 9:05 AM EST

Proceeds to support the ongoing commercialization of JATENZO® (testosterone undecanoate)

NORTHBROOK, Ill., Dec. 03, 2021 (GLOBE NEWSWIRE) -- Clarus Therapeutics Holdings, Inc. (Clarus) (Nasdaq: CRXT), a pharmaceutical company dedicated to providing solutions to unmet medical needs by advancing androgen and metabolic therapies for men and women, today announced that it has entered into a definitive agreement to sell securities in a private placement with a leading healthcare investor. The gross proceeds to Clarus from the private placement, before deducting the placement agents fees and other estimated offering expenses payable by Clarus, are... More