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Allarity Therapeutics closes $20 million PIPE investment of preferred stock
Chicago, Dec. 21 – Allarity Therapeutics, Inc. closed on a $20 million PIPE investment of 20,000 shares of its preferred stock for $1,000 per share with 3i, LP, according to a press release.
The placement included a common stock purchase warrant to purchase 2,018,958 shares of common stock.
LifeSci Capital acted as exclusive placement agent for the PIPE Investment.
Cambridge, Mass.-based Allarity Therapeutics develops cancer treatment drugs.
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