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Bio-Path Holdings raises USD 4 million in private placement funding for working capital and general corporate purposes
Precision Medicine
Jun 5, 2024
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Precision Medicine

Precision Medicine

Jun 5, 2024

Bio-Path Holdings raises USD 4 million in private placement funding for working capital and general corporate purposes

Funding

  • Bio-Path Holdings has raised USD 4 million in private funding. The transaction involved the issuance and sale of ~1.8 million common shares and an equivalent number of series A and B warrants at the price of USD 2.21 per share. The exclusive agent for the placement was H.C. Wainwright & Co.

  • The company intends to employ the proceeds from the funding primarily for working capital and other corporate purposes.

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