Cingulate Inc (CING) Prices 6.93M Share Offering at $0.5776/sh

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Go back to Cingulate Inc (CING) Prices 6.93M Share Offering at $0.5776/sh

Cingulate Announces Pricing of $4.0 Million Public Offering

September 11, 2023 9:22 AM EDT

KANSAS CITY, Kan., Sept. 11, 2023 (GLOBE NEWSWIRE) --  Cingulate Inc. (NASDAQ: CING) (Cingulate, the Company, we, our or us), a biopharmaceutical company utilizing its proprietary Precision Timed Release (PTR) drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, today announced the pricing of its public offering of an aggregate of 6,925,208 shares of its common stock (or common stock equivalents in lieu thereof), Series A warrants to purchase up to 6,925,208 shares of common stock and Series B warrants to purchase up to 3,462,604 shares of common stock, at a public offering price of $0.5776 per share... More