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Lantern Pharma Inc. Announces up to $8 Million Registered Direct Offering

Business Wire•29/09/2026•08:00 ET
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Key Highlights

  • ➤Lantern Pharma (LTRN) prices 3,669,725 shares at $1.09 per share.
  • ➤Offering generates approximately $4 million in upfront gross proceeds.
  • ➤Warrants could generate an additional approximately $4 million if fully exercised.
  • ➤Warrants cover 3,669,725 shares at a $1.09 exercise price.
  • ➤Proceeds intended for working capital and general corporate purposes.

Lantern Pharma Inc. Announces up to $8 Million Registered Direct Offering

$4 million upfront with up to an additional $4 million of potential aggregate gross proceeds upon the exercise in full of the warrants

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