03:28 AM EDT, 06/14/2024 (MT Newswires) -- Rezolute ( RZLT ) said late Thursday it has priced an underwritten public offering of approximately 11.3 million common shares at $4 per share for expected gross proceeds of $60 million.

The company may issue pre-funded warrants, in lieu of common shares to certain investors, to purchase up to 3.8 million common shares at a price of $3.999 per warrant.

Closing of the offering is expected to occur on or about June 17, subject to customary conditions.

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