Citius Pharmaceuticals Announces Closing of $15 Million Registered Direct Offering
H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
- H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
- The aggregate gross proceeds to the Company from the offering were approximately $15 million, before deducting the placement agent fees and other offering expenses payable by the Company.
- Citius currently intends to use the net proceeds from the offering for general corporate purposes, including pre-clinical and clinical development of our product candidates and working capital and capital expenditures.
- The offering was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.