XORTX Therapeutics Raises $1.1 Million in Registered Direct Offering

Reuters
2025.10.31 20:16
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XORTX Therapeutics Inc. has successfully closed a registered direct offering, raising approximately $1.1 million. The offering included 1,750,000 common shares and pre-funded warrants priced at $0.63 per share. The company plans to utilize the net proceeds for working capital and general corporate purposes. D. Boral Capital LLC served as the placement agent for the offering.