Cingulate Inc (CING) Prices 3.75M Share Offering at $2/sh

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Go back to Cingulate Inc (CING) Prices 3.75M Share Offering at $2/sh

Cingulate Announces Pricing of $7.5 Million Public Offering

February 2, 2024 9:15 AM EST

KANSAS CITY, Kan., Feb. 02, 2024 (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 3,750,000 shares of its common stock (or common stock equivalents in lieu thereof), Series A warrants to purchase up to 3,750,000 shares of common stock and Series B warrants to purchase up to 1,875,000 shares of common stock, at a public offering price of $2.00 per... More