TFF Pharmaceuticals announces pricing of $4.8M public offering

seekingalpha04-30

TFF Pharmaceuticals (NASDAQ:TFFP) announced the pricing of a public offering of an aggregate of 1,665,219 shares of its common stock and warrants to purchase up to 1,665,219 shares at a combined ...

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The warrants will have an exercise price of $2.75 per share, will be exercisable immediately upon issuance and will expire five years from the date of issuance. The closing of the offering is expected to occur on or about May 1. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $4.8 million. 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