GRI Bio Launches $6.7 Million Public Offering

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2025.12.12 14:00
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GRI Bio, Inc. launched a public offering on December 11, 2025, aiming to raise $6.7 million through common stock, pre-funded warrants, and Series F warrants. The proceeds will support working capital, product development, and general corporate purposes, funding operations into Q4 2026. The offering closes on December 12, 2025, with institutional investor agreements and stock issuance restrictions. Analysts rate GRI stock as a Buy with a $10 target, but caution due to weak financials and negative profitability.