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Eloxx Pharmaceuticals prices public offering to raise $66M for drug development.

Company Fundamentals
08 Jun 2026
PRNewsWire
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Bullish
pluang ai news

Eloxx Pharmaceuticals announced a public offering of nearly 3 million common shares and pre-funded warrants, aiming to raise $66 million before expenses. The funds will support the company's development of novel small molecule drugs targeting genetic mutations. Shares are expected to begin trading on Nasdaq on June 9, 2026, with the offering closing around June 10, subject to conditions. This capital raise is crucial for advancing Eloxx's clinical-stage biopharmaceutical programs.

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