Soligenix Announces $7.5 Million Public Offering of Common Stock and Warrants to Fund R&D and Corporate Activities

Reuters
09/26
Soligenix Announces $7.5 Million Public Offering of Common Stock and Warrants to Fund R&D and Corporate Activities

Soligenix Inc. (Nasdaq: SNGX), a late-stage biopharmaceutical company developing treatments for rare diseases, has announced the pricing of a $7.5 million public offering. The company is selling 5,555,560 shares of common stock (or equivalents) together with warrants to purchase up to 5,555,560 shares at a combined price of $1.35 per share and warrant. The warrants are immediately exercisable at $1.35 per share and will expire five years from the issuance date. In addition, certain existing warrants will be amended to reflect the new exercise price and expiration date. A.G.P./Alliance Global Partners is acting as the sole placement agent. Soligenix intends to use the net proceeds to support research and development, commercialization activities, working capital, and general corporate purposes.

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. Soligenix Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH84064) on September 26, 2025, and is solely responsible for the information contained therein.

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