
InvestmentApr 16, 2026, 08:21 AM
Acurx Pharma Raises $2.5M via Direct Offering
AI Summary
Acurx Pharmaceuticals, Inc. entered into a Securities Purchase Agreement on April 15, 2026, for a registered direct offering. The company agreed to sell 816,068 shares of common stock at $3.03 per share and pre-funded common stock purchase warrants for up to 9,017 shares at $3.029 per share. This offering is expected to generate approximately $2.5 million in gross proceeds, which will be used for working capital and other general corporate purposes.
Key Highlights
- Raised approximately $2.5 million in gross proceeds from the offering.
- Issued 816,068 shares of common stock at $3.03 per share.
- Issued pre-funded warrants to purchase 9,017 shares at $3.029 per share.
- Net proceeds will be used for working capital and general corporate purposes.
Price Impact
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