Dermata Therapeutics Announces $12.4 Million Private Placement With Warrants and Share Issuance

Reuters2025-12-30
Dermata <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces $12.4 Million Private Placement With Warrants and Share Issuance

Dermata Therapeutics Inc. has announced it has entered into definitive agreements for a private placement involving the issuance and sale of approximately 2,022,062 shares of common stock (or pre-funded warrants in lieu thereof), along with series C and short-term series D warrants to purchase up to 2,022,062 shares each. The securities are being offered at a purchase price of $2.04 per share or pre-funded warrant, with total gross proceeds expected to be about $4.1 million upfront and up to an additional $8.3 million if all warrants are exercised. The exercise of both series C and D warrants is contingent upon stockholder approval and will have an exercise price of $2.04 per share. Dermata intends to use the proceeds for general corporate purposes, including product launch activities, research, and potential acquisitions.

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. Dermata Therapeutics 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: 0001493152-25-029364), on December 29, 2025, and is solely responsible for the information contained therein.

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