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Phio Pharmaceuticals shares rise 1.26% premarket after closing a public offering of 10,000,000 shares.
ByAinvest
Tuesday, Jul 22, 2025 4:48 am ET1min read
Phio Pharmaceuticals Corp. rose 1.26% in premarket trading, with the company announcing the closing of its public offering of 10,000,000 shares of its common stock at $0.10 per share. The gross proceeds from the offering were used to fund the company's immuno-oncology therapeutics development based on its proprietary self-delivering RNAi (INTASYL™) therapeutic platform.
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