Annovis launches $6 million registered direct offering

* Annovis Bio (NYSE:ANVS [https://seekingalpha.com/symbol/ANVS]) has entered into definitive agreements for the purchase of an aggregate of 4M shares of its common stock (or pre-funded warrants in lieu thereof) at a purchase price of $1.50 per share in a registered direct offering, for gross proceeds of ~$6 million.
* The closing of the offering is expected to occur on or about October 13, 2025.
* ANVS -27.27% premarket to $1.6.
* Source: Press Release [https://seekingalpha.com/pr/20262056-annovis-announces-6-million-registered-direct-offering-of-common-stock]

MORE ON ANNOVIS BIO

* Seeking Alpha’s Quant Rating on Annovis Bio [https://seekingalpha.com/symbol/ANVS/ratings/quant-ratings]
* Financial information for Annovis Bio [https://seekingalpha.com/symbol/ANVS/income-statement]