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Cocrystal Pharma Stock Gains 14% On Direct Offering Announcement
CocrystalCocrystal(US:COCP) RTTNews·2025-09-12 16:43

Cocrystal Pharma, Inc. (COCP) shares rose 14.23 percent to 1.64onFriday,adding1.64 on Friday, adding 0.20, after the company announced it had entered into definitive agreements for a registered direct offering of 2.76 million shares at 1.70pershare,alongwithaconcurrentprivateplacementofunregisteredwarrantstopurchaseupto5.53millionsharesat1.70 per share, along with a concurrent private placement of unregistered warrants to purchase up to 5.53 million shares at 1.50 per share. The stock opened at 2.45andtradedbetween2.45 and traded between 1.54 and 2.67,comparedwithapriorcloseof2.67, compared with a prior close of 1.44 on the Nasdaq. Trading volume surged to 79.3 milli ...