
Acurx Pharmaceuticals, Inc. Announces Closing of up to $7.1 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules | ACXP Stock News

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Acurx Pharmaceuticals, Inc. has closed a registered direct offering of 825,085 shares at $3.03 per share, raising approximately $2.5 million. The company may receive an additional $4.6 million from short-term warrants. The funds will be used for working capital and corporate purposes. H.C. Wainwright & Co. acted as the placement agent. The offering was made under a shelf registration statement with the SEC. Acurx focuses on developing antibiotics for difficult bacterial infections, with its lead candidate, ibezapolstat, ready for Phase 3 trials.
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