Acrivon Therapeutics (NASDAQ:ACRV) stock is rocketing higher on Tuesday after the clinical-stage biopharmaceutical company announced a 130millionprivateplacement.Thisnewfundingcomesfromaprivateinvestmentinpublicequity(PIPE)withexistingandnewaccreditedinvestors.Thishasthecompanyselling8,235,000sharesofACRVstockfor8.50 per share.The offer also includes pre-funded warrants for 7,060,000 shares being sold for $8.49 each. The exercise price for these warrants is one penny. They ...