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Medicus Pharma completed a warrant deal on Dec. 5, 2025, raising $5.1M and issuing new warrants for future shares.
Medicus Pharma (NASDAQ:MDCX) announced on December 5, 2025, that it completed a warrant inducement deal, leading to the immediate exercise of all outstanding Series A and B Warrants at a reduced price of $1.92 per share.
This generated approximately $5.1 million in gross proceeds from the purchase of 2,680,000 common shares.
In exchange, the company issued unregistered Series C and D Warrants for 4,020,000 additional shares at $2.00 per share, exercisable over five and a half years, with a registration statement expected to be filed for resale.
The transaction, advised by Maxim Group LLC, is set to close on December 5, 2025, pending customary conditions.
The company, focused on developing a microneedle patch for basal cell skin cancer, continues Phase 3 trials in the U.S., Europe, and the UAE, and is exploring a potential mRNA collaboration with Helix Nanotechnologies.
Medicus Pharma completó un acuerdo de garantía el 5 de diciembre de 2025, recaudando $5.1 millones y emitiendo nuevas garantías para acciones futuras.