NEWS
Tonix Pharmaceuticals Announces Proposed Public Offering
Tonix Pharmaceuticals announced a proposed public offering of its common stock or pre-funded warrants. The proceeds will be used for working capital, general corporate purposes, including a new drug application for their product candidate Tonmya™, targeting fibromyalgia, and to address existing debt. Dawson James Securities is the sole placement agent. The offering is subject to market conditions and the terms remain unspecified. The offering is based on an effective shelf registration statement previously filed with the SEC. Investors are encouraged to read the entire prospectus supplement and accompanying documents for more information.
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