Tempest Therapeutics Announces $4.6 Million Registered Direct Offering of Common Stock to Institutional Investor

Reuters

06-11

Tempest <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces $4.6 Million Registered Direct Offering of Common Stock to Institutional Investor

Tempest Therapeutics Inc., a clinical-stage biotechnology company focused on developing targeted and immune-mediated cancer therapeutics, has announced a $4.6 million registered direct offering of common stock. This transaction involves the sale of 739,000 shares at $6.25 each to a single institutional investor. H.C. Wainwright & Co. is serving as the exclusive placement agent for the offering. The company plans to use the net proceeds to support its strategic alternative process and for general corporate purposes. The offering is expected to close around June 12, 2025, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tempest Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9466945-en) on June 11, 2025, and is solely responsible for the information contained therein.

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ID: GNW9466945-en) on June 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TPST","symbol_name":"Tempest Therapeutics Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nNDL3jHlQR:1","article_id":"2542815745","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542815745","pubTimestamp":1749643248,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Tempest Therapeutics Inc., a clinical-stage biotechnology company focused on developing targeted and immune-mediated cancer therapeutics, has announced a $4.6 million registered direct offering of common stock. 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