bioAffinity Technologies closes $4 million private placement of pre-funded warrants priced at $0.47 - BIAF News | RalliesbioAffinity Technologies closes $4 million private placement of pre-funded warrants priced at $0.47
B
BIAF• Private placement details
- bioAffinity Technologies closed a private placement of pre-funded warrants covering 8,462,027 common shares.
- Combined effective offering price set at USD 0.47 per pre-funded warrant with two accompanying warrants.
- Gross proceeds expected at about USD 4 million before fees and expenses.
- Pre-funded warrants carry a USD 0.01 exercise price; accompanying warrants are priced at USD 0.47 and expire in five years.
- Warrants become exercisable following stockholder approval; WallachBeth Capital served as sole placement agent.
•
