Azitra sees 3.34M shares at 27.85c in registered direct offering

Azitra (AZTR) entered into a securities purchase agreement with institutional investors to purchase 3,339,300 shares of common stock at an offering price of 27.85c per share, in a registered direct offering. The gross proceeds for the offering are expected to be approximately $930,000. Azitra intends to use the net proceeds of this offering for working capital and general corporate purposes. Maxim Group is acting as sole placement agent in connection with the offering.