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An update from Bio-Path Holdings ( (BPTH) ) is now available.
Bio-Path Holdings, Inc. has secured a private placement deal with an institutional investor, raising approximately $4 million through the sale of pre-funded and common stock warrants. The company plans to use the proceeds for general corporate purposes. The deal includes provisions for stockholder approval, with warrants exercisable at set prices upon approval. H.C. Wainwright & Co., LLC served as the exclusive placement agent, receiving fees and warrants for their services. The transaction also involved the cancellation of certain previously issued warrants and a commitment by the company to register the resale of the securities with the SEC.
Learn more about BPTH stock on TipRanks’ Stock Analysis page.
