60 Degrees Pharmaceuticals issues Series A, Series B warrants exercisable at $1.49 in $1 million private placement
Reuters2026/08/04 21:39Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 60 Degrees Pharmaceuticals priced a private placement at $1.74 per share with series A warrants for 574,713 shares.
- Issued short-term series B warrants for 574,713 shares; both warrant series carry a $1.49 exercise price.
- Series A warrants expire five years from the effective date of the resale registration statement; series B warrants expire after 24 months.
- Registration rights agreement requires a resale registration statement covering the securities, including shares underlying the warrants.
- Gross proceeds expected at about $1 million, excluding any warrant exercise proceeds; closing expected around July 31, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 60 Degrees Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-085235), on August 04, 2026, and is solely responsible for the information contained therein.
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