Wallachbeth capital announces closing of bullfrog ai $5.7 million public offering

Jersey city, n.j. , feb. 5, 2024 /prnewswire/ -- wallachbeth capital llc, a leading provider of capital markets and institutional execution services, announced today bullfrog ai holdings, inc. (nasdaq: bfrg; bfrgw) ("bullfrog ai" or the "company"), a technology-enabled drug development company using (ai) and machine learning to enable the successful development of pharmaceuticals and biologics , has completed its previously announced underwritten public offering of an aggregate of 1,507,139 shares of common stock (or pre-funded warrants ("pre-funded warrants") in lieu thereof) and accompanying warrants to purchase 1,507,139 shares of common stock at a public offering price of $3.782 per share (inclusive of the pre-funded warrant exercise price) for gross proceeds of approximately $5,700,000, prior to deducting underwriting discounts and discount expenses.
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