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Sharp Therapeutics raises $1.55M in convertible notes to fund R&D.
Sharp Therapeutics Corp. reported its fourth quarter and full-year 2025 financial results, highlighting an 80% increase in research and development spending focused on GBA1, Niemann Pick C, and Progranulin disorders.
The company closed a five-tranche convertible note offering, raising $1.55 million, with insiders purchasing a portion of the final tranche.
Proceeds will support general working capital needs.
Additionally, Sharp announced an agreement to buy at least 2 million shares and plans to adopt semi-annual reporting.
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Sharp Therapeutics recauda $1.55 millones en billetes convertibles para financiar la investigación y el desarrollo.