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Lixte Biotechnology Holdings Inc LIXT

Lixte Biotechnology Holdings, Inc. is a drug discovery company that uses biomarker technology to identify enzyme targets associated with serious common diseases and then designs novel compounds to attack those targets. The Company’s product pipeline is primarily focused on inhibitors of protein phosphatases, used alone and in combination with cytotoxic agents and/or x-ray and immune checkpoint blockers and encompasses two categories of compounds at various stages of pre-clinical and clinical development that has therapeutic potential not only for cancer but also for other debilitating and life-threatening diseases. It is focused on development activities of its LB-100 series of drugs. The LB-100 series consists of novel structures, which treat not only several types of cancer but also vascular and metabolic diseases. The LB-200 series contains compounds, which has the potential to be effective in its class and may be useful for the treatment of chronic hereditary diseases.


NDAQ:LIXT - Post by User

Post by Iseneschalon Apr 12, 2022 2:06pm
64 Views
Post# 34597727

LIXT ..... Suckers are born every minute !!!

LIXT ..... Suckers are born every minute !!!

 

LIXTE Biotechnology Announces $5.8 Million Registered Direct Offering Priced At-The-Market

 

2022-04-12 10:53 ET - News Release

 

PASADENA, CA, April 12, 2022 (GLOBE NEWSWIRE) -- LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT), a clinical-stage drug discovery company developing pharmacologically active drugs for use in cancer treatment, today announced that it has entered into definitive agreements for the purchase and sale of 2,900,000 shares of LIXTE's common stock, at a purchase price of $2.00 per share, in a registered direct offering. The closing of the offering is expected to occur on or about April 14, 2022, subject to the satisfaction of customary closing conditions.

WestPark Capital, Inc. and WallachBeth Capital, LLC are acting as co-placement agents for the offering.

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