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Cocrystal Pharma Raises $40 Million from Public Offering

05/07/2021 12:23

04:16 PM EDT, 05/07/2021 (MT Newswires) -- Cocrystal Pharma (COCP) said it raised gross proceeds of approximately $40 million from its recent public offering.

The company sold 26 million shares for $1.54 a share. Cocrystal intends to use the proceeds to expand its development programs for COVID-19 and influenza therapies and for general corporate purposes.

H.C. Wainwright acted as sole book-running manager for the offering.

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