Summary by Moomoo AI
Altamira Therapeutics Ltd., a biopharmaceutical company, filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on January 8, 2024. The Bermuda-based company, led by President Thomas Meyer, PhD, is preparing for the proposed sale of common shares to the public, which will commence as soon as practicable after the registration statement becomes effective. The registration includes 162,548 common shares, which may be acquired upon the exercise of certain warrants issued in connection with a Warrant Inducement Agreement dated December 7, 2023. These warrants were issued to the holder on May 1, 2023, and additional warrants were provided on December 15, 2023, as an inducement for early exercise. The initial exercise price for the new warrants is set at CHF 6.656. Altamira Therapeutics will not receive...Show More