NeOnc Technologies (NTHI) on Monday filed a preliminary prospectus for the sale of up to about 10 million shares by Mast Hill Fund, a selling stockholder.
In October 2024, it struck a deal with Mast Hill pursuant to which it may issue, from time to time, up to $50 million of its stock to the fund under an equity purchase agreement.
Shares of NeOnc were over 1% lower in recent trading.
Price: 7.28, Change: -0.14, Percent Change: -1.89
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