First Wave BioPharma (FWBI) Prices $2.1M Offering at $0.64/sh

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Go back to First Wave BioPharma (FWBI) Prices $2.1M Offering at $0.64/sh

First Wave BioPharma, Inc. Announces Pricing of $2.1 Million Public Offering

July 19, 2023 8:15 AM EDT

BOCA RATON, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- First Wave BioPharma, Inc. (NASDAQ: FWBI) (First Wave BioPharma or the Company), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies forgastrointestinal diseases, today announced the pricing of a public offering of 3,285,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 6,570,000 shares of its common stock at a combined public offering price $0.64 per share (or pre-funded warrant in lieu thereof) and associated warrants. Each share of common stock (or prefunded warrant... More