(24/7 MARKET NEWS) – Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) announced, after yesterday’s market close, the issuance of a $4.3 million senior secured convertible note and warrant to an institutional investor, with an initial gross proceeds value of $4 million to Shuttle Pharmaceuticals and potential for an additional $2.4 million in proceeds, if the warrants are exercised by the investor.
Shuttle Pharmaceuticals is trading at $1.97, up 20-cents (+11.30%), on 320 thousand shares.
Its 52-week range is $1.35 to $126.26. Its next inflection points are $2.25 and $2.40.
24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.
Please go to www.247marketnews.com or https://www.247marketnews.com/terms-disclaimer/ for further information.