Intensity Therapeutics (INTS) said stockholder Armistice Capital may offer and resell almost 1.24 million shares.
The shareholder will get all of the proceeds from any sales, Intensity Therapeutics said Friday in a regulatory filing.
The timing and amount of any sale are at the sole discretion of Armistice.
The shares of Intensity Therapeutics fell 2.9% in after-hours trading.
Price: 2.00, Change: -0.06, Percent Change: -2.91