Sunshine Biopharma Closes $6 Million Equity Offering

MT Newswires Live10-12 18:22

Sunshine Biopharma (SBFM) Sunshine Biopharma closed its previously announced public offering with gross proceeds to the company of around $6.0 million, the company said Friday.

The offering consisted of 10.9 million common units or pre-funded units, with each consisting of a share or pre-funded warrant and two warrants to purchase a share at an initial exercise price of $0.66, the company said.

The public offering was $0.55 per share, the company said.

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