Allarity shares rise 11.22% after-hours after completing $2.5M and additional $250K private placement.

Allarity Therapeutics surged 11.22% in after-hours trading following the completion of a private placement, raising $2.5 million initially on September 22, 2025, and an additional $250,000 on December 23, 2025. The fundraising is expected to support working capital needs and operational expansion, signaling positive investor sentiment towards the company's financial strategy.