PLRZ▼
Polyrizon prices $4M registered direct offering
Polyrizon announced on Thursday that it has agreed to raise approximately $4 million through a registered direct offering and concurrent private placement with a single institutional investor. The transactions involve 333,333 units priced at $12 each, with each unit comprising an ordinary share or pre-funded warrant and a common warrant. The common warrants carry a $12 exercise price and are exercisable for one ordinary share. The transactions are expected to close around September 4, 2026, and proceeds will be used for general corporate purposes and working capital alongside existing cash. Following the offering, the company expects to have 2.81 million ordinary shares outstanding, assuming exercise of all pre-funded and PIPE pre-funded warrants.
PLRZ · Capital · Negative Dilutive $4M direct offering priced at $12 per unit, increasing share count.