Adial Pharmaceuticals (ADIL) Prices $3.6M Share Offering at $0.35/sh

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Adial Pharmaceuticals Announces Pricing of $3.6 Million Public Offering

June 17, 2025 8:00 AM EDT

GLEN ALLEN, Va., June 17, 2025 (GLOBE NEWSWIRE) -- Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) (Adial or the Company), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced the pricing of its reasonable best efforts public offering for the purchase and sale of 11,100,000 shares of common stock of the Company (or common stock equivalents in lieu thereof), together with Series D warrants to purchase up to 11,100,000 shares of common stock (the "Series D Warrants") and Series E warrants to purchase up to... More