Checkpoint Therapeutics (CKPT) Announces 7.76M Share Offering at $1.805/sh

Go back to Checkpoint Therapeutics (CKPT) Announces 7.76M Share Offering at $1.805/sh

Checkpoint Therapeutics Announces $14 Million Registered Direct Offering Priced At-the-Market

January 29, 2024 8:00 AM EST

WALTHAM, Mass., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Checkpoint Therapeutics, Inc. (Checkpoint) (Nasdaq: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced that it has entered into a definitive agreement with a single healthcare-dedicated institutional investor for the issuance and sale of an aggregate of 7,756,233 shares of its common stock (or common stock equivalents in lieu thereof) at a purchase price of $1.805 per share of common stock (or per common stock equivalent in lieu thereof), in a registered direct offering priced at-the-market. In addition, in a concurrent private placement, Checkpoint will issue and sell... More