TransCode Therapeutics, Inc. Announces Closing of Registered Direct Offering
- TransCode Therapeutics, Inc. Has closed a direct offering of 10,250,000 shares and warrants for $0.98 each, raising approximately $10 million before fees and expenses, as announced on March 25, 2025.
- The funds will primarily support product development activities, including clinical trials for TTX-MC138, the company’s lead therapeutic candidate, according to TransCode.
- ThinkEquity was the sole placement agent for the offering made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission .
- TransCode specializes in RNA therapeutics and aims to treat metastatic cancer, particularly targeting tumors that overexpress microRNA-10b.
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TransCode Therapeutics, Inc. Announces Closing of Registered Direct Offering
BOSTON, March 25, 2025 /PRNewswire/ -- TransCode Therapeutics, Inc. (Nasdaq: RNAZ), ("TransCode" or the "Company"), the RNA oncology company committed to more effectively treating cancer using RNA therapeutics, today announced the closing of its previously announced sale of 10,250,000 shares…
·Hartford City, United States
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