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TIMGZ

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TIMGZ

Re: None

Friday, 05/26/2023 9:18:23 AM

Friday, May 26, 2023 9:18:23 AM

Post# of 647877
EFTR

BRIEF-eFFECTOR Therapeutics Announces $7.5 Mln Registered Direct Offering Priced At-The-Market Under Nasdaq Rules


* EFFECTOR THERAPEUTICS ANNOUNCES $7.5 MILLION REGISTERED DIRECT OFFERING PRICED AT-THE-MARKET UNDER NASDAQ RULES

* EFFECTOR THERAPEUTICS(EFTR) - ENTERED DEFINITIVE DEAL WITH SINGLE INSTITUTIONAL INVESTOR FOR PURCHASE AND SALE OF 11.5MLN SHARES OF ITS COMMON STOCK

* EFFECTOR THERAPEUTICS INC(EFTR) - DEFINITIVE AGREEMENT AT PURCHASE PRICE OF $0.655 PER SHARE

* EFFECTOR THERAPEUTICS INC(EFTR) - GROSS PROCEEDS TO CO FROM OFFERING ARE EXPECTED TO BE ABOUT $7.5 MILLION
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