Theriva Biologics (TOVX) Prices 1.43M Share Offering at $1.75/sh

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Theriva Biologics Announces Pricing of $2.5 Million Public Offering

September 26, 2024 9:06 PM EDT

ROCKVILLE, Md., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Theriva Biologics, Inc. (NYSE American: TOVX) (Theriva or the Company), a diversified clinical-stage company developing therapeutics designed to treat cancer and related diseases in areas of high unmet need, today announced the pricing of its reasonable best efforts public offering for the purchase and sale of up to 1,428,600 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 1,428,600 shares of common stock at a combined offering price of $1.75 per share and accompanying warrant (the Offering). The Company expects to receive aggregate gross proceeds of... More