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

Dream Water Kids Sleep Gummies set for US summer debut

Delivra Health (TSXV:DHB) will launch a new line of kids sleep gummies under its Dream Water brand across the US market this June.

Buzz on the Bullboards: Oil shock, biotech breakthroughs and new tech

Global equities lurched from rally to rout since the U.S.–Israel strikes on Iran ignited a regional war and shutdown of the Strait of Hormuz.

Quit smoking with psychedelics? A new frontier for treatment — and investors

A new Johns Hopkins study found that a single dose of psilocybin, combined with therapy, helped smokers stay cigarette free at six months.

New bladder cancer drug may sharpen radiation’s aim

Theralase Technologies proves that its Rutherrin drug holds the potential to enhance radiation against non-muscle invasive bladder cancer.