Quoin Pharmaceuticals Ltd. announced the pricing of its “reasonable best efforts” public offering of 11,050,000,000 ordinary shares represented by 2,210,000 American Depositary Shares at a purchase price of $5.00 per ADS and pre-funded warrants to purchase 5,750,000,000 ordinary shares represented by 1,150,000 American Depositary Shares at a per pre-funded warrant price of $4.9999 for an aggregate gross proceeds of $16.8 million.
August 5, 2022
· 4 min read