Salarius Pharmaceuticals, Inc. (SLRX) Prices 9.34M Share Direct Offering at $0.25/sh

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Salarius Pharmaceuticals, Inc. Announces $2.3 Million Registered Direct Offering

April 22, 2022 8:30 AM EDT

HOUSTON, April 22, 2022 (GLOBE NEWSWIRE) -- Salarius Pharmaceuticals, Inc. (NASDAQ: SLRX), a clinical-stage biopharmaceutical company developing cancer therapies for patients in need of new treatment options, today announced that it has entered into definitive agreements with several institutional investors for the purchase of 9,339,436 shares of its common stock, at a purchase price per share of $0.25, for gross proceeds of approximately $2.3 million, in a registered direct offering.

Ladenburg Thalmann & Co Inc. is acting as the exclusive placement agent for the offering.

The gross proceeds to Salarius, before deducting... More