tiprankstipranks
Annovis Bio Raises $7 Million from Warrant Exercises
Company Announcements

Annovis Bio Raises $7 Million from Warrant Exercises

An update from Annovis Bio (ANVS) is now available.

Annovis Bio, Inc. has successfully exercised 0.8 million warrants issued in November 2023, resulting in a capital boost of $7.0 million through the issuance of roughly the same number of common shares. The transactions, which took place between July 8 and 9, 2024, were priced at $9.00 per share. This move represents a significant financial milestone for the company, reflecting investor confidence and providing funds for future endeavors.

Find detailed analytics on ANVS stock on TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!