Lexaria Bioscience Says Australian Tax Refund And Institutional Financing Priced At $12.92/Share Yielded $7.9M Net, About $4.60/Share In Cash On 2.1 Million Shares Outstanding; Says No Further Financings Planned In 2026
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Why It Matters
Lexaria raised $7.9 million in cash from investors and a tax refund. This gives the company money to keep operating without needing more funding soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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