TSXV:TRL.H - Post by User
Post by
PitchinPennieson Nov 25, 2020 9:27am
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Post# 31968571
Laughing Stock Rx may get to stay on life support for 6 mos.
Laughing Stock Rx may get to stay on life support for 6 mos.Congrats to Hollywood Ian and Laughing Eddie. The suckers coughed up one last time. You boys rock!
Acerus Pharmaceuticals Corporation (“Acerus” or the “Company”) (TSX: ASP, OTCQB: ASPCF) is pleased to announce the completion of its rights offering (the “Rights Offering”), which expired at 5:00 pm (EST) on November 24, 2020. The Rights Offering was over-subscribed and will result in the issuance of 526,600,000 common shares of Acerus at a price of $0.025 per share for gross proceeds of approximately $13,165,000. Although Acerus had a standby commitment in place with First Generation Capital Inc., no funding was required under the standby commitment.