XORTX Therapeutics Announces US$1.1 Million Registered Direct Offering

Reuters
2025.10.21 12:09
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XORTX Therapeutics Inc. has announced a US$1.1 million registered direct offering, selling 1,746,631 common shares at US$0.63 each to an institutional investor. D. Boral Capital LLC is the sole placement agent. The net proceeds will be used for working capital and general corporate purposes, with the offering expected to close pending customary conditions and regulatory approval.