Shuttle Pharmaceuticals Raises $2.5 Million in Private Placement of Pre-Funded Warrants

Reuters11-08

Shuttle Pharmaceuticals Raises $2.5 Million in Private Placement of Pre-Funded Warrants

Shuttle Pharmaceuticals Holdings Inc. has announced the completion of a private placement, raising approximately $2.5 million through the sale of a pre-funded warrant to purchase up to 625,156 shares of its common stock. The transaction, which closed on November 4, 2025, was conducted with a single investor in reliance on exemptions from registration under the Securities Act of 1933. WestPark Capital, Inc. acted as the exclusive placement agent and received a cash fee amounting to 4% of the gross proceeds. Shuttle Pharmaceuticals has agreed to file a registration statement with the SEC to register the resale of the shares issuable upon exercise of the warrant.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-021256), on November 07, 2025, and is solely responsible for the information contained therein.

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