NeOnc raises $15M in registered direct offering amid Phase 2a data

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Go back to NeOnc raises $15M in registered direct offering amid Phase 2a data

NeOnc Raises $15 Million At Market Adding Fuel to the Strong NEO100 Data

September 9, 2026 9:35 AM EDT

DENVER, Sept. 09, 2026 (GLOBE NEWSWIRE) -- (247marketnews.com) -- NeOnc Technologies Holdings (NASDAQ: NTHI) is entering a potentially important new phase with fresh institutional capital, encouraging Phase 2a data and a string of open-market insider purchases. The company announced a $15 million registered direct offering priced at-the-market under Nasdaq rules, involving new and existing healthcare-focused institutional investors. The deal includes 3.57 million shares, or pre-funded warrants in lieu of shares, plus warrants covering another 3.57 million shares at a $4.20 exercise price. Closing is expected tomorrow, subject to customary conditions.

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