Cocrystal Pharma Inc. Completes $13 Million Direct Offering with Warrants for Additional Funding

Reuters2025-09-16
Cocrystal Pharma Inc. Completes $13 Million Direct Offering with Warrants for Additional Funding

Cocrystal Pharma, Inc., a biotechnology company, has announced the closing of a registered direct offering, generating up to $13 million in gross proceeds. The offering includes the sale of 2,764,710 shares of common stock priced at $1.70 per share, raising $4.7 million upfront. Additionally, unregistered warrants have been issued through a concurrent private placement, allowing the purchase of up to 5,529,420 shares of common stock at an exercise price of $1.50 per share. These warrants are exercisable immediately and will expire 24 months from the effective date of the registration statement. H.C. Wainwright & Co. acted as the exclusive placement agent for this offering.

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