Agile Therapeutics (AGRX) Receives $4.8M in Warrants Exercise Proceeds

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Agile Therapeutics Announces Exercise of Warrants for $4.8 Million Gross Proceeds

February 22, 2024 9:02 AM EST

PRINCETON, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Agile Therapeutics, Inc. (Nasdaq: AGRX) (Agile Therapeutics or the Company), a women's healthcare company, today announced the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 3,892,572 shares of common stock of the Company originally issued in July 2022 and May 2023, having an exercise price of $3.69 per share, at a reduced exercise price of $1.25 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to effective registration statements on Form S-1... More