Amesite (AMST) said on Monday it has entered into agreements for a registered direct offering and a private placement that could raise up to about $6 million for the company.
The firm said it expects gross proceeds of about $2 million, and additional some $4 million if the warrants attached to the offerings of shares and pre-funded warrants are fully exercised.
The offerings are expected to close around April 28, with H.C. Wainwright as the placement agent, Amesite said. It plans to use the proceeds for general corporate purposes.
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