Genprex Raises $8.1 Million in Registered Direct Offering and Private Placement
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Genprex Inc. has raised $8.1 million through a registered direct offering and a concurrent private placement. The registered offering includes the sale of 243,622 shares at $11.21 each, totaling approximately $2.7 million. Additionally, the company will issue unregistered short-term warrants for up to 487,244 shares at an exercise price of $11.00, potentially generating an extra $5.4 million if fully exercised. The funds will be used for working capital and general corporate purposes, with H.C. Wainwright & Co. as the exclusive placement agent.
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