- Vaccinex (NASDAQ:VCNX) said it is looking to raise $1.5M through a direct offering of 193K shares and warrants at a combined purchase price of $7.77 per share and accompanying warrant.
- The company said the warrants will have an exercise price of $7.64 per share.
- VCNX intends to use the net proceeds for working capital and general corporate purposes.
- Shares in the company down 2.6% in pre-market trade.
Vaccinex to raise $1.5M through in a direct offering (NASDAQ:VCNX)
