Outlook Therapeutics Prices $5 Million Registered Direct Offering

nasdaq
2026.05.29 07:15
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Outlook Therapeutics, Inc. has priced a $5 million registered direct offering of 8,539,709 shares at $0.5855 each to its largest stockholder, GMS Ventures. The offering is expected to close around May 29, 2026, and aims to raise funds for working capital. Additionally, the company will amend existing warrants held by GMS Ventures. Outlook Therapeutics is developing an investigational treatment for retinal diseases. The stock closed at $0.74, up 26.39%.