Edesa Biotech Announces Pricing of $25.0 Million Public Offering
Edesa Biotech announced the pricing of a $25.0 million underwritten public offering of common shares, pre-funded warrants, and accompanying common share warrants. The offering includes an underwriters' 30-day option to purchase additional shares and warrants.
Why it matters — The offering provides Edesa with approximately $25.0 million in gross proceeds to fund its clinical-stage operations.