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Medicus Pharma Ltd. Announces Closing of $7.0 Million Public Offering
MDCXMedicus Pharma Ltd(MDCX) Newsfile·2025-06-02 17:40

Philadelphia, Pennsylvania--(Newsfile Corp. - June 2, 2025) - Medicus Pharma Ltd. (NASDAQ: MDCX) (the "Company") today announced the closing of its previously announced public offering of 2,260,000 units, on a "best-efforts" basis, at a price of 3.10perunit.EachunitconsistedofonecommonshareoftheCompanyandonewarranttopurchaseonecommonshare.Thewarrantshaveanexercisepriceof3.10 per unit. Each unit consisted of one common share of the Company and one warrant to purchase one common share. The warrants have an exercise price of 3.10 per share and will expire 5 years from the date of issuance. Maxim Group LLC acted as the lead placemen ...