Gain Therapeutics (GANX) Prices 7.12M Share Offering at $1.35/sh

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Gain Therapeutics Announces Pricing of $11.0 Million Public Offering

June 13, 2024 9:01 PM EDT

BETHESDA, Md., June 13, 2024 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Gain or the Company) (Nasdaq: GANX) today announced the pricing of an underwritten public offering of (i) 7,116,547 shares of its common stock at a public offering price of $1.35 per share and (ii) pre-funded warrants to purchase 1,031,602 shares of common stock in lieu of shares of common stock to certain investors. The pre-funded warrants will be immediately exercisable, and may be exercised at any time after their original issuance. The purchase price of each pre-funded warrant sold in the offering will be... More