Source: XORTX Therapeutics Inc.
  • XORTX Therapeutics (XRTX) has announced the pricing of an underwritten public offering for gross proceeds of up to $5,000,000
  • The offering consists of common share units and warrant and pre-funded warrant units
  • Each common share unit consists of one common share and one warrant
  • Each pre-funded warrant is exercisable to purchase one common share and one warrant
  • The offering is expected to close on or about October 6, 2022
  • XORTX is a pharmaceutical company
  • XORTX Therapeutics Inc. (XRTX) opened trading at C$1.66

XORTX Therapeutics (XRTX) has announced the pricing of an underwritten public offering for gross proceeds of up to $5,000,000.

The offering consists of common share units and pre-funded warrant units  Each common share unit consists of one common share and one warrant.

Each warrant is exercisable to purchase one common share at a public offering price of US$1.00. Each pre-funded warrant unit consists of one pre-funded warrant to purchase one common share and one warrant to purchase one common share.

Each pre-funded warrant is exercisable to purchase one common share and one warrant. Each warrant is exercisable to purchase one common share at a public offering price of US$0.9999.

The offering is expected to close on or about October 6, 2022.

XORTX is a pharmaceutical company with two clinically advanced products in development.

XORTX Therapeutics Inc. (XRTX) opened trading at C$1.66.


More From The Market Online
Frequency Exchange's NIKKI wellness device

Boston Bruins president Cam Neely joins Frequency Exchange

Frequency Exchange (TSXV:FREQ), a health technology stock, appoints Boston Bruins president Cam Neely to its advisory board.
image of scientist looking into a microscope

BriaCell begins phase 1/2 trial of Bria-OTS™ for breast cancer

BriaCell Therapeutics (TSX:BCT) initiates a Phase 1/2 clinical trial of Bria-OTS for metastatic breast cancer.