Regulus Therapeutics Enters $15 Million Private Placement

April 13, 2023

(24/7 MARKET NEWS) – Regulus Therapeutics Inc. (NASDAQ:RGLS) reported, this morning, that it entered into a definitive securities purchase agreement in connection with a private placement in which the Company expects to receive gross proceeds of approximately $15.0 million.

Regulus Therapeutics is trading at $0.98, up $0.0799 (+8.88%), on trading volume of 280 thousand shares.

Its 52-week trading range is $0.76 to $3.40. The $1 level is a key inflection point and this morning’s premarket high was $1.25.

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