ME Therapeutics announces private placement of up to 294,117 units at $1.7 each to raise $500,000

EdtechX Holdings Acquisition Corp. Common Stock

EdtechX Holdings Acquisition Corp. Common Stock

METX

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  • ME Therapeutics launched a non-brokered private placement targeting gross proceeds up to $500,000 through 294,117 units priced at $1.7.
  • Each unit includes one common share, one non-transferable warrant exercisable at $2 for three years; expiry can be accelerated if VWAP stays at or above $3 for 10 sessions.
  • Proceeds earmarked for R&D, strategic reviews, a potential U.S. listing, marketing, investor relations, working capital, general corporate purposes.
  • Offering size may be increased to 588,235 units to raise up to $1 million, subject to investor demand.
  • Insider participation is expected; securities issued will face a four-month-and-one-day hold period.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ME Therapeutics Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606031513BIZWIRE_USPR_____20260603_BW835572) on June 03, 2026, and is solely responsible for the information contained therein.

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