StockWatch
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Biotechnology: Pharmaceutical Preparations
Corporate ActionMay 7, 2026, 04:08 PM

InflaRx Raises $150M Gross from 75M Ordinary Share Offering

AI Summary

InflaRx N.V. announced the closing of an underwritten public offering of 75,000,000 ordinary shares. The shares were offered at a price of $2.00 per share, resulting in gross proceeds of approximately $150 million before deducting underwriting discounts and estimated offering expenses. The offering was made pursuant to the company's effective shelf registration statement.

Key Highlights

  • InflaRx N.V. completed an underwritten offering of 75,000,000 ordinary shares.
  • The offering price for the ordinary shares was $2.00 per share.
  • The gross proceeds from the offering were approximately $150 million.
  • The Underwriting Agreement was entered into with Guggenheim Securities, LLC.
  • The offering closed on May 7, 2026.