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InflaRx N.V. (IFRX) to Offer Common Stocks and Warrants

February 24, 2021 4:02 PM EST

InflaRx N.V. (Nasdaq: IFRX) announced today that it has commenced an underwritten public offering of common shares of the Company. For each common share purchased, an investor will also receive a warrant to purchase a common share of the Company. The Company intends to use the net proceeds from the offering primarily to fund research and development expenses for its clinical and preclinical research and development activities and for working capital and general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

Guggenheim Securities, LLC and Raymond James & Associates, Inc. are serving as joint book-running managers for the proposed offering.



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Raymond James, Guggenheim