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CohBar readies stock public offering

Aug. 25, 2020 5:11 PM ETCohBar, Inc. (CWBR) StockCWBRBy: SA News Team
  • CohBar (NASDAQ:CWBR) announces a proposed underwritten public offering of units consisting of one common share and one warrant to purchase 0.75 of a share within 5 years. Price, terms and volume not yet disclosed.
  • Underwriters' overallotment option is additional 15% of units offered.
  • CohBar intends to use the net proceeds for general corporate purposes, including funding preclinical and clinical development of its peptides.
  • Previously: CohBar files for $100M mixed shelf (Aug. 24)

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