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Why Did Firebrick Pharma’s $1.6M Placement Raise Only $0.2M?
9:18am on Thursday 26th of June, 2025 AEST
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Pharmaceuticals
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Why Did Firebrick Pharma’s $1.6M Placement Raise Only $0.2M?
9:18am on Thursday 26th of June, 2025 AEST
Key Points
Placement raised $0.2 million vs $1.6 million target
3.1 million shares issued at 6.3 cents each
Funds intended for US and Southeast Asia Nasodine expansion
Placement participants received options exercisable at 9.5 cents
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