Sarasota biopharmaceutical company raises $2.5M with stock offering

  • Manatee-Sarasota
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A Sarasota biopharmaceutical company raised $2.5 million through a registered direct offering this week. Silo Pharma (Nasdaq: SILO) closed its previously announced offering Oct. 1 for the purchase and sale of 2,857,143 shares of common stock at a price of $0.875 per share, according to a statement. 

 

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