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Xenetic Bio files updated prospectus for ~$15M equity offering

Jul. 13, 2019 4:30 PM ETXenetic Biosciences, Inc. (XBIO) StockXBIOBy: Douglas W. House, SA News Editor
  • Xenetic Biosciences (NASDAQ:XBIO) has filed another preliminary prospectus, this time for an offering of 1,649,113 common shares, each with an accompanying five-year warrant to purchase one common share at an assumed combined price of $9.02.
  • On July 2, it filed a preliminary prospectus for an offering of 1,555,555 common shares, each with an accompanying five-year warrant to purchase one common share at an assumed combined price of $11.25.
  • Friday's close was $12.69.

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