They just announced they closed their public offering and raised $14.4M! $ACOG.V issued 9.6M units at $1.50 per unit.
Warrants are gonna start trading on the TSXV under ticker $ACOG.WT next week!
$ACOG is gonna be using the $$ made from the offering for development and marketing of ALPHA-1062, the company’s lead developmental treatment candidate atm.
PLUS they just formed a Scientific Advisory Board that's packed with pros from the neurology and psychiatry industry. The board is gonna be working to bring $ACOG closer to commercialization.
they will also have a huge focus on developing products that can treat neurological diseases with unmet needs, like dementia and Alzheimer's, and furthering developing ALPHA-1062.
I have no doubt the new SAB will speed up the process of the company becoming the creator of the world’s first Alzheimer’s treatment. I just am so stoked to see all this progress happening for the company!!
Td, $ACOG is up at $1.37, MC $71.03M.