Plus Therapeutics Announces Private Placement Financing of up to $18 Million

May 6, 2024

https://www.globenewswire.com/news-release/2024/05/06/2875716/0/en/Plus-Therapeutics-Announces-Private-Placement-Financing-of-up-to-18-Million.html

AUSTIN, Texas, May 06, 2024 (GLOBE NEWSWIRE) — Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system (CNS) cancers, today announced that it has entered into a securities purchase agreement with new institutional investors and Company insiders to raise up to approximately $18 million in gross proceeds, including initial upfront funding of approximately $6.5 million, and up to an additional approximately $11.5 million upon cash exercise of accompanying warrants at the election of the investors.

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