Market News / Story
Sunshine Biopharma Inc. (SBFM) Closes $6.0M Offering; Up To $14.4M More If Warrants Exercise
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Sunshine Biopharma closed a public offering for approximately $6.0M and issued Series D warrants that could add about $14.4M if fully exercised. Units priced at $0.55; warrants exercisable immediately at $0.66 and expire in five years. Material Details #DetailAI Analyst View1Closes ~$6.0M public offeringImmediate cash bolsters liquidity and runway.2Up to ~$14.4M via warrantsFuture cash optionality; depends on share price vs $0.66.3Unit price $0.55; 2…