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Lexaria Bioscience raised $3.5 million via a share offering, with proceeds for R&D and operations.
Lexaria Bioscience Corp. announced a $3.5 million registered direct offering of 2.66 million shares at $1.315 each, with closing expected December 16, 2025.
Concurrently, it issued unregistered warrants for up to the same number of shares at $1.19 each, exercisable immediately and valid for five years.
Proceeds will fund R&D, working capital, and corporate purposes.
The offering is under a shelf registration effective January 2025, managed by H.C. Wainwright & Co.
The company, which owns the DehydraTECH™ drug delivery platform, emphasized that securities are not fully registered and may not be sold without exemptions.
Forward-looking statements include risks.
Lexaria Bioscience recaudó $ 3.5 millones a través de una oferta de acciones, con las ganancias para I+D y operaciones.