InvestorsHub Logo
Followers 126
Posts 15344
Boards Moderated 2
Alias Born 06/29/2006

Re: None

Monday, 06/27/2022 10:49:54 AM

Monday, June 27, 2022 10:49:54 AM

Post# of 16697
Pricing of Public Offering of Units

https://www.otcmarkets.com/stock/AGNPF/news/Algernon-Pharmaceuticals-Announces-Pricing-of-Public-Offering-of-Units?id=362616

the Company intends to issue up to 533,333 Units at a price of $3.75 per Unit for aggregate gross proceeds of up to $2,000,000



That $AGN price $3.75

Or

$AGNPF price $2.91

Warrants

Each Unit will consist of one Class A common share of the Company (a "Common Share") and one Common Share purchase warrant of the Company (a "Warrant").

Each Warrant entitles the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price equal to $4.70 per Warrant Share (the “Warrant Exercise Price”) for a period of 5 years following the date of issuance.



Warrants $3.65 $AGNPF price

What was USA Nasdaq price $4.10 for new $AGNP $ymbol

So 1,066,666 maybe add to Outstanding and Broker prolly gets the same as in the past - 10% overalotment I’d find Buyers and Broker Pay of 8% in Cash and another 8% of shares sold in a Warrant for Unit price of $2.91 $AGNPF