tiprankstipranks
Trending News
More News >

NLS Pharmaceutics Secures $3 Million Financing and $25 Million Equity Facility

Story Highlights
NLS Pharmaceutics Secures $3 Million Financing and $25 Million Equity Facility

An update from NLS Pharmaceutics ( (NLSP) ) is now available.

NLS Pharmaceutics Ltd. announced the completion of a $3 million private placement financing and a $25 million equity facility agreement in March 2025. The company plans to use the proceeds for working capital, general corporate purposes, and expenses related to its merger with Kadimastem Ltd. These financial moves are expected to enhance NLS Pharmaceutics’ operational capabilities and strategic positioning in the pharmaceutical industry.

More about NLS Pharmaceutics

NLS Pharmaceutics Ltd. is a pharmaceutical company based in Zurich, Switzerland, focusing on the development of innovative therapies for the treatment of rare and complex central nervous system disorders.

YTD Price Performance: -40.37%

Average Trading Volume: 2,435,918

Technical Sentiment Signal: Buy

Current Market Cap: $3.21M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App