Corporate ActionMay 21, 2026, 10:01 AM
Jupiter Neurosciences Prices $2.0M Registered Direct Offering
AI Summary
Jupiter Neurosciences, Inc. announced the pricing of a registered direct offering to raise approximately $2.0 million in gross proceeds. The company agreed to sell 7,142,858 shares of common stock at a price of $0.28 per share to investors. D. Boral Capital LLC is acting as the exclusive placement agent for the offering, which is expected to close around May 21, 2026.
Key Highlights
- Priced a registered direct offering to raise approximately $2.0 million in gross proceeds.
- Agreed to sell 7,142,858 shares of common stock.
- Shares priced at $0.28 per share.
- D. Boral Capital LLC is the exclusive placement agent.
- Placement agent fee is 7.0% of the gross proceeds.
- Offering expected to close on or about May 21, 2026.
Price Impact
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