Outlook Therapeutics closes USD 5 million registered direct offering at USD 0.31/share

PUBT·04/23/2026 20:14:06

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Outlook Therapeutics closed a registered direct offering of 16,129,033 common shares at USD 0.31 per share, raising about USD 5 million gross.
Concurrent private placement issued unregistered warrants for up to 16,129,033 shares at USD 0.31 exercise price.
Warrants become exercisable following stockholder approval, with expiry five years from first exercisability.
Company also repriced investor warrants covering 2,142,854 shares to USD 0.31 from USD 2.26.
Net proceeds earmarked primarily for working capital, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Outlook Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604231605PRIMZONEFULLFEED9695975) on April 23, 2026, and is solely responsible for the information contained therein.

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