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Cocrystal Pharma Stock Gains 14% On Direct Offering Announcement
CocrystalCocrystal(US:COCP) RTTNewsยท2025-09-12 16:43

Group 1 - Cocrystal Pharma, Inc. (COCP) shares increased by 14.23% to $1.64 after announcing a registered direct offering of 2.76 million shares at $1.70 per share [1] - The company also announced a concurrent private placement of unregistered warrants to purchase up to 5.53 million shares at $1.50 per share [1] - The stock opened at $2.45 and traded within a range of $1.54 to $2.67, compared to a prior close of $1.44 on Nasdaq [1] Group 2 - Trading volume surged to 79.3 million shares, exceeding the average of 76,645 shares [2] - Cocrystal Pharma's stock trades within a 52-week range of $1.12 to $3.26 [2] - The closing of the offering is expected on or about September 15, 2025 [2]