Medicus Pharma (MDCX) Closes $7M Notes Offering

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Go back to Medicus Pharma (MDCX) Closes $7M Notes Offering

Medicus Pharma Ltd. Announces Closing of $7.0 Million Public Offering

June 2, 2025 1:42 PM EDT

Philadelphia, Pennsylvania--(Newsfile Corp. - June 2, 2025) - Medicus Pharma Ltd. (NASDAQ: MDCX) (the "Company") today announced the closing of its previously announced public offering of 2,260,000 units, on a "best-efforts" basis, at a price of $3.10 per unit. Each unit consisted of one common share of the Company and one warrant to purchase one common share. The warrants have an exercise price of $3.10 per share and will expire 5 years from the date of issuance.

Maxim Group LLC acted as the lead placement agent for the offering. Brookline Capital Markets, a division of Arcadia... More