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Neurizon Secures $44M to Propel NUZ-001 in Pivotal ALS Trial

9:59am on Tuesday 23rd of December, 2025 AEDT Biotechnology
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Neurizon Secures $44M to Propel NUZ-001 in Pivotal ALS Trial

9:59am on Tuesday 23rd of December, 2025 AEDT
Key Points
  • Placement raises ~$7.1 million at $0.08 per share
  • 2-for-5 pro rata entitlement offer targets up to ~$17.1 million
  • $20 million convertible note facility with Obsidian Global GP, LLC
  • Funding covers full HEALEY ALS Platform Trial participation and extension phases
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