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Friday, August 20, 2021 6:11:27 AM
https://www.forbes.com/sites/chriscarosa/2020/08/07/why-successful-entrepreneurs-need-to-be-calculated-risk-takers/
"The proceeds of this investment will be targeted towards accelerating the forward path of our CNS/psychiatry franchise and COVID vaccine franchises, together with supporting the transition of ZYESAMI from clinical to commercial stage as regulatory approval is obtained from national regulators," said Jonathan C. Javitt, MD, MPH, CEO and Chairman of NRx Pharmaceuticals.
https://www.wsj.com/articles/nrx-pharmaceuticals-announces-30-million-private-placement-01629379094
Private placement is a common method of raising business capital by offering equity shares. ... However, stockholders may see long-term gains if the company can effectively invest the extra capital obtained and ultimately increase its revenues and profitability.
https://www.investopedia.com/ask/answers/052815/how-does-private-placement-affect-share-price.asp
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