Polaryx Therapeutics closes USD 10 million PIPE offering of 2,502,696 shares at USD 4 each
PUBT · 05/28 12:31
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- Polaryx Therapeutics closed a $10 million PIPE on May 28, 2026 through an unregistered sale of common stock.
- Investors bought 2,502,696 shares at an average price of about $4 per share.
- Proceeds earmarked for the Phase 2 SOTERIA basket trial of PLX-200, ongoing R&D, working capital, general corporate purposes.
- Financing expected to extend operating runway into the second quarter of 2027.
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. Polaryx Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605280830PRIMZONEFULLFEED9728089) on May 28, 2026, and is solely responsible for the information contained therein.
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