MarketPR
(NASDAQ: SBFM) completed a previously announced public offering, securing approximately $6.0 million in gross proceeds before deducting placement agent fees and other expenses.
The transaction was executed on a reasonable best efforts basis and closed on October 9, 2026. The offering comprised 10,909,082 Common Units sold at a public offering price of $0.55 per unit.
Each unit consists of one share of Common Stock or one Pre-Funded Warrant, paired with two Series D Warrants.
Holders may exercise the Series D Warrants immediately to purchase one share of Common Stock per warrant at an initial exercise price of $0.66.
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