Azitra, Inc (AZTR) Prices 16.67M Share Offering at $0.30/sh

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Azitra, Inc. Announces Pricing of Public Offering

February 13, 2024 10:09 PM EST

BRANFORD, Conn.--(BUSINESS WIRE)-- Azitra, Inc. (NYSE American: AZTR) (Company), a clinical-stage biopharmaceutical company focused on developing innovative therapies for precision dermatology, today announced the pricing of an underwritten public offering of 16,667,000 shares of common stock. Each share of common stock is being sold at a public offering price of $0.30 per share for gross proceeds of approximately $5 million, before deducting underwriting discounts and offering expenses. All of the shares of common stock are being offered by the Company. In addition, Azitra has granted the underwriters a 45-day option to purchase up to an... More