Theralase Technologies Closes C$3.6 Million Private Placement

MT newswire2026/08/24 21:19

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

05:19 PM EDT, 08/24/2026 (MT Newswires) -- Theralase Technologies (TLT.V) after trade Monday said it closed a C$3.6-million private placement, issuing 14.8-million units at C$0.24 each. Each unit includes a share and one warrant and a warrant expiring in May, 2031 with each warrant to buy another share for C$0.32. The company plans to use the funds to complete safety studies for its cancer treatment Rutherrin and its cold sore treatment Ruvidar, as well as for working capital and general corporate purposes, it said. The warrants are set to begin trading on the TSX Venture Exchange around Aug. 27, subject to final approval, according to the statement.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01