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Company to sell 1,503,500 shares at $0.715 per share.
60 Degrees Pharmaceuticals, Inc. (Nasdaq: SXTP) announced on February 5, 2025, a registered direct offering of 1,503,500 shares of its common stock at a purchase price of $0.715 per share. The offering includes a concurrent private placement of short-term warrants.
The company expects to raise $1.075 million from the sale of 1,503,500 shares. Each warrant has an exercise price of $0.59 per share and will expire in twenty-four months.
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