Context Therapeutics (CNTX) Announces $100 Million Private Placement
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Context Therapeutics Announces $100 Million Private Placement
May 2, 2024 7:30 AM EDTFinancing includes new and existing leading healthcare investors
Proceeds, along with existing cash and cash equivalents, are expected to extend cash runway into 2028
PHILADELPHIA, May 02, 2024 (GLOBE NEWSWIRE) -- Context Therapeutics Inc. (Context or the Company) (Nasdaq: CNTX), a biopharmaceutical company advancing medicines for solid tumors, today announced that it has entered into a securities purchase agreement with certain new and existing investors in a private placement that is expected to result in gross proceeds of approximately $100.0 million, before deducting placement agent fees and estimated offering... More
