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ImmuPharma Announces Warrant Exercise and Share Capital Update

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ImmuPharma Announces Warrant Exercise and Share Capital Update

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ImmuPharma ( (GB:IMM) ) has provided an update.

ImmuPharma PLC has announced the exercise of 2,500,000 warrants over New Ordinary Shares, raising £125,000. The new shares, representing 0.50% of the company’s enlarged issued share capital, will be admitted to trading on the AIM market of the London Stock Exchange, impacting the company’s total issued share capital, which will consist of 502,223,932 Ordinary Shares.

More about ImmuPharma

ImmuPharma PLC is a specialty biopharmaceutical company focused on discovering and developing peptide-based therapeutics. The company’s portfolio includes novel peptide therapeutics for autoimmune diseases and anti-infectives.

Average Trading Volume: 6,683,876

Technical Sentiment Signal: Buy

Current Market Cap: £40.28M

Learn more about IMM stock on TipRanks’ Stock Analysis page.

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