Shuttle Pharmaceuticals Raises $2.5 Million in Private Placement at $4.00 Per Share

Reuters11-03

Shuttle Pharmaceuticals Raises $2.5 Million in Private Placement at $4.00 Per Share

Shuttle Pharmaceuticals Holdings Inc. has announced it has entered into a securities purchase agreement with a single investor for a private placement, raising approximately $2.5 million in gross proceeds. The offering, which is expected to close on or about November 4, 2025, involves the issuance of a pre-funded warrant to purchase up to 625,156 shares of common stock at an effective price of $4.00 per share, which is above the market price under Nasdaq rules. The securities have not been registered under the Securities Act of 1933 and were offered only to accredited investors. Shuttle Pharma plans to use the net proceeds for marketing, general corporate purposes, and working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shuttle Pharmaceuticals Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 272909) on November 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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