Silo Pharma Closes Private Placement, Expects About $815,000 in Net Proceeds
Bitget2026/11/06 22:08- Silo Pharma closed a private placement on Nov. 6, 2026, with expected net proceeds of approximately $815,000.
- Purchase agreements dated Nov. 5, 2026, covered 136,005 common shares at $1.50 per share.
- The placement also included pre-funded warrants to purchase 430,661 common shares at $1.4999 per warrant.
- The pre-funded warrants are immediately exercisable at $0.0001 per share.
- Net proceeds are intended for working capital and general corporate purposes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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