Annovis Bio Inc. (ANVS) Closes $21M Offering

Go back to Annovis Bio Inc. (ANVS) Closes $21M Offering

Annovis Bio, Inc. Announces Closing of $21 Million Public Offering

February 4, 2025 4:31 PM EST

MALVERN, PA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- via IBN - Annovis Bio, Inc. (NYSE: ANVS) (Annovis or the Company), a late-stage clinical drug platform company pioneering transformative therapies for neurodegenerative diseases such as Alzheimers disease (AD) and Parkinsons disease (PD), today announced the closing of its previously announced underwritten public offering of 5,250,000 shares of common stock and warrants to purchase 5,250,000 shares of common stock at a combined public offering price of $4.00 per share and associated warrant. The warrants have an exercise price of $5.00 per share and are immediately exercisable upon issuance... More