Pulse Biosciences (PLSE) Announces Preliminary Results for its Rights Offering

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Pulse Biosciences, Inc. Announces Preliminary Results for its Rights Offering

June 28, 2024 8:00 AM EDT

Oversubscribed offering expected to generate $60 million in immediate gross proceeds for the Company

Warrants issued in the offering could generate up to an additional $66MM

HAYWARD, Calif.--(BUSINESS WIRE)-- Pulse Biosciences, Inc. (Nasdaq: PLSE) (the Company or Pulse Biosciences), a company leveraging its novel and proprietary CellFX® Nanosecond Pulsed Field Ablation (nsPFA) technology, announced today the preliminary results of its rights offering, which expired at 5:00 p.m., Eastern Time, on June 26, 2024 (the Expiration Date).

In accordance with the pricing structure described in the prospectus supplement... More