Apricus Bio closes stock offering

|About: Apricus Biosciences, Inc (APRI)|By:, SA News Editor

Apricus Biosciences (NASDAQ:APRI) has closed its public offering of ~7.1M shares of common stock at $0.50 per share. Investors also received five-year warrants to purchase up to ~3.55M shares at $0.50 per share.

Gross proceeds were ~$3.55M. Net proceeds will fund working capital and general corporate purposes.

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