Summary by Moomoo AI
On August 28, 2024, TC BioPharm (Holdings) PLC, a clinical-stage biopharmaceutical company, announced the successful closing of a public offering, which was upsized to $6.0 million. The offering included the sale of 53,558 American Depositary Shares (ADSs) and associated warrants, as well as pre-funded warrants to purchase additional ADSs. The ADSs and warrants were offered at a price of $1.00 per ADS, with the pre-funded warrants priced at $0.999 each. The warrants are exercisable immediately and will expire one year from the date of issuance, with an exercise price of £0.76 per ADS. The pre-funded warrants can be exercised at any time at a price of $0.001 per ADS. The offering was conducted under a registration statement on Form F-1, which was declared effective...Show More
