The latest announcement is out from Rezolute (RZLT).
Rezolute, Inc. has partnered with underwriters for a significant public offering, issuing over 11 million shares and pre-funded warrants to raise approximately $60 million in net proceeds. This strategic move aims to bolster the company’s research and development efforts, enhance working capital, and support overall corporate objectives. Investors should note that the offering includes an option for underwriters to purchase additional shares, potentially increasing the company’s proceeds if fully exercised.
For a thorough assessment of RZLT stock, go to TipRanks’ Stock Analysis page.
