Phio Pharmaceuticals enters $6.36 million at-the-market equity distribution agreement with H.C. Wainwright

Reuters04-09

<a href="https://laohu8.com/S/PHIO">Phio Pharmaceuticals</a> enters $6.36 million at-the-market equity distribution agreement with H.C. Wainwright

Phio Pharmaceuticals entered an at-the-market equity distribution agreement with H.C. Wainwright to sell up to USD 6.4 million of common stock.
Shares will be sold from time to time under Phio’s Form S-3 shelf registration statement, with a prospectus supplement dated April 8, 2026.
H.C. Wainwright will earn a 3% commission on gross proceeds from each sale.
Phio can set daily sale limits, timing, share amounts, and minimum price levels for any sales.
Company can suspend or terminate sales under agreement at any time.

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. Phio Pharmaceuticals Corp. 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: 0001437749-26-011761), on April 08, 2026, and is solely responsible for the information contained therein.

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