ProMIS Neurosciences raises $12 million through warrant financing

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Go back to ProMIS Neurosciences raises $12 million through warrant financing

ProMIS Neurosciences Announces Private Placement Financing

July 28, 2025 7:00 AM EDT

$3 million private financing plus an additional $9 million of proceeds due to exercise of warrants, for gross proceeds of approximately $12.0 million

TORONTO, Ontario and CAMBRIDGE, Massachusetts, July 28, 2025 (GLOBE NEWSWIRE) -- ProMIS Neurosciences, Inc. (Nasdaq: PMN), a clinical-stage biotechnology company committed to discovery and development of therapeutic antibodies targeting toxic misfolded proteins in neurodegenerative diseases, such as Alzhiemers disease (AD), amyotrophic lateral sclerosis (ALS) and Parkinsons disease (PD), today announced that it has entered into a purchase agreement (the Purchase Agreement) with existing institutional and accredited investors to issue and sell an... More