PINL:BHAGF - Post by User
Comment by
Iseneschalon May 24, 2024 12:36pm
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Post# 36056118
RE:SEEL...2nd RS in just over 6 months......shave & a haircut !
RE:SEEL...2nd RS in just over 6 months......shave & a haircut !Iseneschal wrote:
Seelos Therapeutics Announces 1-for-8 Reverse Stock Split
2024-05-14 08:45 ET - News Release
Seelos Therapeutics Announces 1-for-8 Reverse Stock Split
PR Newswire
NEW YORK, May 14, 2024
NEW YORK, May 14, 2024 /PRNewswire/ -- Seelos Therapeutics, Inc. (Nasdaq: SEEL) ("Seelos" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced that its Board of Directors approved a 1-for-8 reverse stock split of its outstanding shares of common stock, to be effective as of 12:01 a.m. Eastern Time on Thursday, May 16, 2024.
Then 2 days after the RS they do a P.O at $2.46....here is the NR : Seelos Therapeutics Announces Pricing of $1.1 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
2024-05-16 20:45 ET - News Release
Seelos Therapeutics Announces Pricing of $1.1 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
PR Newswire
NEW YORK, May 16, 2024
NEW YORK, May 16, 2024 /PRNewswire/ -- Seelos Therapeutics, Inc. (Nasdaq: SEEL) ("Seelos" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system ("CNS") disorders and rare diseases, announced today that it has entered into a securities purchase agreement with certain institutional investors, providing for the purchase and sale of 380,968 shares of common stock and pre-funded warrants to purchase up to 81,239 shares of common stock at a price of $2.46 per share (or $2.459 per pre-funded warrant) in a registered direct offering priced at-the-market under Nasdaq rules, resulting in total gross proceeds of approximately $1.1 million, before deducting the placement agent's fees and other estimated offering expenses.