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NexImmune | 8-K: Current report

SEC announcement ·  Feb 5 17:15
Summary by Moomoo AI
On February 2, 2024, NexImmune, Inc., a biotechnology company listed on Nasdaq under the ticker NEXI, announced a registered direct offering and a concurrent private placement expected to raise approximately $3.67 million. The offering, priced at-the-market under Nasdaq rules, involves the sale of 117,000 shares of common stock at $12.05 per share and pre-funded warrants exercisable for up to 187,731 shares at $12.049 per warrant. Additionally, unregistered warrants to purchase up to 304,731 shares of common stock at $12.05 per share are being offered in the private placement. The closing of the offerings is anticipated on February 6, 2024, subject to customary conditions. The company has agreed to certain restrictions on stock issuance for 20 days post-closing. H.C. Wainwright & Co. is acting as the exclusive placement agent...Show More
On February 2, 2024, NexImmune, Inc., a biotechnology company listed on Nasdaq under the ticker NEXI, announced a registered direct offering and a concurrent private placement expected to raise approximately $3.67 million. The offering, priced at-the-market under Nasdaq rules, involves the sale of 117,000 shares of common stock at $12.05 per share and pre-funded warrants exercisable for up to 187,731 shares at $12.049 per warrant. Additionally, unregistered warrants to purchase up to 304,731 shares of common stock at $12.05 per share are being offered in the private placement. The closing of the offerings is anticipated on February 6, 2024, subject to customary conditions. The company has agreed to certain restrictions on stock issuance for 20 days post-closing. H.C. Wainwright & Co. is acting as the exclusive placement agent, receiving a cash fee and warrants as compensation. The proceeds are intended for financing, business development, collaboration opportunities, working capital, and general corporate purposes. This announcement has led to the postponement of a special meeting of stockholders initially set for February 7, 2024, which was to vote on the company's liquidation and dissolution.

This announcement is a separate document:

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