Jupiter Neurosciences (JUNS) said Friday it has entered into an agreement to sell 307,692 shares in a registered direct offering to raise about $2.0 million.
The offering is expected to occur Aug. 24, with D. Boral Capital as placement agent, the clinical-stage biopharmaceutical firm said.
Shares were up over 17% in afternoon trading.
Price: $6.10, Change: $+0.93, Percent Change: +17.91%