Sep. 11 at 12:04 PM
$TPST Tempest Therapeutics Announces Up to
$7.5 Million Private Placement
https://ir.tempesttx.com/news-releases/news-release-details/tempest-therapeutics-announces-75-million-private-placement
•
$2.5M upfront from sales of 3,105,591 shares at
$0.805.
• 3,105,591 Series C warrants with a
$0.805 exercise price.
• 3,105,591 Series D warrants with a
$0.805 exercise price.
• Full
$7.5M in gross proceeds if all warrants are exercised. For now, it is
$2.5M upfront.
• Private placement. Registration stetement will be filed at a later date