Apr. 24 at 1:36 PM
$CTXR Prospectus for the offering, with updated details...
https://www.sec.gov/Archives/edgar/data/1506251/000121390026047296/ea0287618-424b5_citius.htm
• 4,730,457 Shares at
$0.985
• 345,686 pre-funded warrants with an upfront purchase price of
$0.9849 and an exercise price of
$0.0001. Pre-funded warrants will not expire until they are exercised in full.
• 5,076,143 common warrants with a
$0.86 exercise price & 355,330 placement agent warrants with a
$1.2313 exercise price will be registered in a separate registration statement.
• 27,452,570 shares outstanding after offering, assuming full exercise of pre-funded warrants and no exercise of common warrants.
• Net proceeds approximately
$4.5 million after deducting placement agent fees, commissions, and estimated offering expenses.
• CTXR is prohibited from entering into any other offerings for 45 days.