Aprea Therapeutics announces oversubscribed private placement raising about $30 million

Reuters03-30
Aprea <a href="https://laohu8.com/S/LENZ">Therapeutics</a> announces oversubscribed private placement raising about $30 million
  • Aprea Therapeutics entered securities purchase agreement for oversubscribed private placement expected to raise about $30 million in gross proceeds.
  • Offering includes pre-funded warrants for about 37 million shares priced at $0.81 each, less $0.001 per warrant.
  • Investors also receive warrants for about 37 million shares with $0.68 exercise price, expiring Dec. 31, 2029.
  • Proceeds earmarked for general corporate purposes, including research and development.
  • Cash runway expected to extend into first quarter of 2028.


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