Soligenix announces pricing of common stock and warrants

theflyonthewall.com

Soligenix has entered into definitive agreements with institutional investors and certain members of the Company's management and Board of Directors to sell approximately $7.0M of the Company's securities, consisting of an aggregate of approximately 6.6 M shares of common stock at a price per share of $1.05 and 5-year warrants to purchase up to approximately 5.0 million shares of common stock with an exercise price of $1.65 per share. Maxim Group LLC served as placement agent for the offering.

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