NetworkNewsBreaks – Tenax Therapeutics Inc. (NASDAQ: TENX) Announces $15.6M Public Offering
Tenax Therapeutics (NASDAQ: TENX), a specialty pharmaceutical company focused on identifying, developing and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical need, announced the pricing of a public offering of 8,666,666 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 17,333,332 shares of its common stock at a purchase price of $1.80 per share and associated public warrant. According to the announcement, the public warrants will have an exercise price of $2.25 per share, are immediately exercisable and will expire five years after their initial exercise date. Roth…







