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Lexaria Closes $5.9 Million Warrant Exercise
Business
— Sep 8, 2026
Lexaria Bioscience announces the immediate cash exercise of 453,969 warrants at a reduced price of $12.92, issuing equal Series A and short-term Series B warrants at $12.67 to raise about $5.9 million in gross proceeds for working capital and ongoing R&D; the deal includes a resale registration and placement arrangement, with the new warrants expiring five years and 18 months respectively. The company also plans to combine these proceeds with a $2.6 million Australian tax rebate to fund operations through 2027, leveraging the DehydraTECH platform to advance its drug-delivery initiatives.
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College Board Is Making It Easier For High School Students To Pass Prestigious Exams: REPORT
x/college-board
— Jul 26, 2024
The College Board recently made changes to the Advanced Placement (AP) tests that have resulted in more student test-takers receiving higher scores, according to the Wall Street Journal. The AP tests’ scoring changes…
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