NeuroBo Pharmaceuticals Reports Second Quarter 2024 Financial Results and Provides Corporate Update
NRBONeuroBo Pharmaceuticals(NRBO) Prnewswire·2024-08-14 20:01

Successfully Completed a Financing of up to 70Million,With70 Million, With 20 Million Upfront and an Additional 50MillionofAggregateGrossProceedsUpontheExerciseinFullofClinicalMilestoneBasedWarrants50 Million of Aggregate Gross Proceeds Upon the Exercise in Full of Clinical Milestone-Based Warrants27.9 Million in Cash at End of Second Quarter is Expected to Fund the Company Though Multiple Value-Creating Milestones, Into the Second Quarter of 2025. Assuming Positive Results From the DA-1726 Phase 1 MAD Study, the Company Anticipates That the Series A Warrants From the June Financing Could be Exercised ...