Immunic Inc. (IMUX) Announces Oversubscribed $50M Private Placement at $4.35/sh
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Immunic, Inc. Announces $60.0 Million Oversubscribed Private Placement Equity Financing
October 10, 2022 7:00 AM EDTNEW YORK, Oct. 10, 2022 /PRNewswire/ -- Immunic, Inc. (Nasdaq: IMUX) ("Immunic" or the "Company"), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies focused on treating chronic inflammatory and autoimmune diseases, today announced it has entered into a securities purchase agreement (the "Purchase Agreement") with select accredited investors and certain existing investors to issue and sell an aggregate of 8,696,552 shares of its common stock ("Common Stock") at a price of $4.35 per share, reflecting a 10% premium to the... More
