Eikonoklastes Therapeutics has filed a notice of an exempt offering of securities to raise $15,764,780.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Eikonoklastes Therapeutics is raising up to $15,764,780.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Eikonoklastes Therapeutics
Eikonoklastes Therapeutics is an early stage biopharmaceutical company focused on rapidly advancing innovative medicines for numerous areas of significant unmet clinical need, starting with neurodegenerative diseases. We are iconoclasts who are passionate about finding new and better ways to treat disease. Our first-in-class gene therapy moves beyond single defective gene replacement. It is a transformational, disease-modifying gene supplement therapy with a unique mechanism of action that provides extra copies of a critical gene to cause overexpression of a critical neurotrophic factor that is essential for neuromuscular signaling and function. Our initial focus is on Amyotrophic Lateral Sclerosis (ALS, Lou Gehrigs Disease), a rare, yet debilitating nerve disease that causes progressive muscle degeneration and eventual death. An estimated 5,000 new patients in the U.S. are diagnosed each year with ALS, and there are few treatment options beyond supportive care. Our dynamic discovery and development approach allows us to focus on accelerated approvals and outsized returns for ALS and potentially other neurodegenerative diseases such as Alzheimer’s, Frontotemporal dementia, Parkinsons, Huntingtons, traumatic brain injury, and more.
To learn more about Eikonoklastes Therapeutics, visit https://eikonoklastes.com/
Eikonoklastes Therapeutics Linkedin Page: https://www.linkedin.com/company/eikonoklastes-therapeutics-inc/
Contact:
Bruce Halpryn, Chief Executive Officer
513-549-6484
https://www.linkedin.com/in/brucehalpryn/
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