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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.