NRx Pharmaceuticals Shares Sink on Stock Offering

Dow Jones

06/03

By Dean Seal

Shares of NRx Pharmaceuticals slid after the company proposed a public offering of its common stock.

The stock retreated 19% to $3.74 after hours. Shares had gained 70% year-to-date when the market closed.

The biopharmaceutical company said after the closing bell Tuesday that it intends to offer an unspecified number of shares. It would use the proceeds for working capital and general corporate purposes to support growth.

NRx said it would grant the offering's underwriter a 30-day option to buy an additional 14% of the shares it sells during the offering.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

June 02, 2026 17:15 ET (21:15 GMT)

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It would use the proceeds for working capital and general corporate purposes to support growth. \n</p>\n<p>\n  NRx said it would grant the offering's underwriter a 30-day option to buy an additional 14% of the shares it sells during the offering. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 02, 2026 17:15 ET (21:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NRXP","symbol_name":"NRX Pharmaceuticals Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640926455","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640926455","pubTimestamp":1780434900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of NRx Pharmaceuticals slid after the company proposed a public offering of its common stock.The stock retreated 19% to $3.74 after hours. 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Shares had gained 70% year-to-date when the market closed. \n\n\n  The biopharmaceutical company said after the closing bell Tuesday that it intends to offer an unspecified number of shares. It would use the proceeds for working capital and general corporate purposes to support growth. \n\n\n  NRx said it would grant the offering's underwriter a 30-day option to buy an additional 14% of the shares it sells during the offering. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 02, 2026 17:15 ET (21:15 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-2","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}