Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

NervGen prices $60M public offering to fund spinal cord injury drug development

Company Fundamentals
21 May 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

NervGen Pharma Corp. announced a public offering of 24 million common shares and warrants priced at $2.50 each, aiming to raise approximately $60 million before expenses. The funds will support clinical development of its lead neuroreparative drug NVG-291 for spinal cord injury and other neurological conditions. The offering is set to close on May 26, 2026, and is managed by Leerink Partners and TD Cowen. This capital raise is crucial for NervGen to advance its clinical trials and general corporate purposes.

More News

Liminatus Pharma to be delisted from Nasdaq for failing market value rules, plans to appeal.

Liminatus Pharma to be delisted from Nasdaq for failing market value rules, plans to appeal.

Liminatus Pharma received a delisting notice from Nasdaq due to failure to meet minimum market value requirements for its listed securities and publicly held shares. The company was given until May 18, 2026, to regain compliance but did not meet the ...

Market News
Bearish
3 hours ago
Trump Media moves $205M in Bitcoin to Crypto.com amid heavy losses

Trump Media moves $205M in Bitcoin to Crypto.com amid heavy losses

Trump Media & Technology Group transferred 2,650 Bitcoin worth about $205 million to Crypto.com, signaling a possible sale amid mounting losses. Earlier in 2026, the company sold 2,000 Bitcoin at around $87,000 each. Originally, TMTG bought 11,542 BT...

Market News
Bearish
4 hours ago
Everclear DeFi project shuts down protocol and front end due to revenue issues, halting all operations.

Everclear DeFi project shuts down protocol and front end due to revenue issues, halting all operations.

Everclear, a cross-chain DeFi clearing protocol, has fully shut down both its protocol and user interface due to revenue challenges. This complete stoppage means users can no longer interact with the system at any level, marking a significant closure...

Protocol Fundamentals
Bearish
4 hours ago
Ethereum price recovery above $2,100 looks weak, risk of another selloff looms

Ethereum price recovery above $2,100 looks weak, risk of another selloff looms

Ethereum's price briefly rose above the $2,100 level but is now consolidating, showing signs of weakness. This fragile bounce suggests the cryptocurrency may struggle to gain further upward momentum. Investors should be cautious as another selloff co...

Technical Signals
Neutral
4 hours ago
Bitcoin Cash drops 25% to $348 after rejecting $465, with a possible short-term bounce ahead.

Bitcoin Cash drops 25% to $348 after rejecting $465, with a possible short-term bounce ahead.

Bitcoin Cash (BCH) has been trading within a wide range since April 2024, recently dropping 25% from $465 to $348 after failing to hold the $460 support. Technical indicators like RSI and Stochastic RSI suggest the market is oversold, signaling a pot...

Technical Signals
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App