NAYA Biosciences prices 13.6M units at 70c in public offering

NAYA Biosciences (NAYA) announced the pricing of a public offering of an aggregate of 13,615,171 units at a public offering price of $0.70 per unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock. The warrants will have an exercise price of $0.70 per share, will be exercisable immediately upon issuance, and will expire on the five year anniversary of the original issuance date. The shares of common stock and the warrants comprising the units are immediately separable and will be issued separately in this offering. The closing of the offering is expected to occur on or about January 14, 2025, subject to the satisfaction of customary closing conditions. Maxim Group is acting as the lead placement agent for the offering. Brookline Capital Markets, a division of Arcadia Securities, is acting as co-placement agent for the offering.