Aptorum Group Raises $3.07M in Direct Offering
Ticker: APM · Form: 6-K · Filed: Jan 7, 2025 · CIK: 1734005
| Field | Detail |
|---|---|
| Company | Aptorum Group Ltd (APM) |
| Form Type | 6-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $2.00, $3,070,000 million, $50,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: offering, capital-raise, shares
TL;DR
Aptorum Group just raised $3.07M from selling shares at $2.00 each.
AI Summary
On January 2, 2025, Aptorum Group Limited completed a registered direct offering, selling 1,535,000 Class A ordinary shares at $2.00 per share. This transaction generated gross proceeds of $3,070,000 for the company.
Why It Matters
This capital infusion provides Aptorum Group with additional funds, potentially for research, development, or operational expansion in the pharmaceutical sector.
Risk Assessment
Risk Level: medium — Direct offerings can dilute existing shareholders' equity and may indicate the company needs capital for operations or development.
Key Numbers
- $3.07M — Gross Proceeds (Raised from registered direct offering on January 2, 2025.)
- 1,535,000 — Shares Sold (Class A ordinary shares sold in the offering.)
- $2.00 — Price Per Share (The price at which shares were sold in the offering.)
Key Players & Entities
- Aptorum Group Limited (company) — Issuer of shares
- January 2, 2025 (date) — Date of securities purchase agreement
- 1,535,000 (dollar_amount) — Number of Class A ordinary shares sold
- $2.00 (dollar_amount) — Price per share
- $3,070,000 (dollar_amount) — Gross proceeds from the offering
FAQ
What was the total amount of gross proceeds raised by Aptorum Group Limited in the registered direct offering?
Aptorum Group Limited raised gross proceeds of $3,070,000.
On what date did Aptorum Group Limited enter into the securities purchase agreement?
The securities purchase agreement was entered into on January 2, 2025.
How many Class A ordinary shares did Aptorum Group Limited sell in the registered direct offering?
The company sold 1,535,000 Class A ordinary shares.
At what price per share were the Class A ordinary shares sold?
The shares were sold at a price of $2.00 per share.
Who were the purchasers in the registered direct offering?
The purchasers were certain non-affiliated institutional investors.
Filing Stats: 767 words · 3 min read · ~3 pages · Grade level 15.3 · Accepted 2025-01-07 06:06:33
Key Financial Figures
- $0.00001 — (the “ Shares ”), par value $0.00001 per share (the “ Ordinary Shares
- $2.00 — Shares ”) at a per share price of $2.00 in a registered direct offering, for gr
- $3,070,000 million — direct offering, for gross proceeds of $3,070,000 million (the “ Offering ”). The Co
- $50,000 — e Placement Agent up to an aggregate of $50,000 for out-of-pocket expenses. A copy of
Filing Documents
- ea0226713-6k_aptorum.htm (6-K) — 15KB
- ea022671301ex5-1_aptorum.htm (EX-5.1) — 27KB
- ea022671301ex10-1_aptorum.htm (EX-10.1) — 211KB
- ea022671301ex99-1_aptorum.htm (EX-99.1) — 9KB
- ex5-1_001.jpg (GRAPHIC) — 4KB
- 0001213900-25-001378.txt ( ) — 268KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Aptorum Group Limited Date: January 7, 2025 By: /s/ Ian Huen Name: Ian Huen Title: CEO 2