Grace Therapeutics (GRCE) Announces $30M Private Placement

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Grace Therapeutics Announces Private Placement FinancingĀ of up to $30 Million

February 10, 2025 8:05 AM EST

Financing led by Nantahala Capital and ADAR1 Partners, LP with participation from new and existing healthcare-focused institutional investors

$15 million in upfront gross proceeds with the potential to receive up to an additional $15 million in potential warrant exercise proceeds for an aggregate of up to approximately $30 million in potential total gross proceeds

PRINCETON, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) --  Grace Therapeutics, Inc. (Nasdaq: GRCE), formerly Acasti Pharma Inc. (Grace Therapeutics or the Company), a late-stage, biopharma company advancing GTx-104, a clinical-stage, novel, injectable formulation of... More