- 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.
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. Aprea Therapeutics Inc. published the original content used to generate this news brief on March 30, 2026, and is solely responsible for the information contained therein.
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