BriaCell Therapeutics Announces $13.8 Million Public Offering

Published 2 hours agoBCTX

BriaCell Therapeutics Announces $13.8 Million Public Offering

BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) has revealed the pricing of a significant $13.8 million public offering. This offering includes common shares and warrants and is managed by ThinkEquity, serving as the sole book-running manager. The securities are being offered through a shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (SEC). Completion details and terms remain subject to market conditions.

The net proceeds from this public offering will be utilized for working capital requirements, advancing general corporate purposes, and furthering the company's business objectives. As noted by BriaCell, these efforts are part of their ongoing strategy to support critical operations and strategic initiatives in novel immunotherapies. The company has a history of similar financial activities, following previous public offerings such as a $5.5 million offering in December 2024 and a $3.05 million offering in February 2025, according to information from BriaCell's official website.

BriaCell is a clinical-stage biotechnology firm focused on developing innovative immunotherapies to reinvent cancer treatment. The current strategy to raise funds through the public offering signifies its continued commitment to enhancing its financial resources and operational capabilities, which support the development and advancement of its therapeutic programs aimed at improving patient care in oncology.

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