VolitionRx announces pricing of $6M offering of common stock, warrants

VolitionRx (VNRX) announced the pricing of an underwritten public offering of 11.55M shares of its common stock and warrants to purchase up to 11.55M shares of its common stock. The public offering price of for each share of common stock and an accompanying warrant to purchase one share of common stock is 52c per set of securities. Each warrant has an exercise price per share of 60c, is exercisable immediately upon issuance, and expires five years from the issuance date. All of the securities in the offering are being offered by Volition. The offering is expected to close on or about October 14, subject to the satisfaction of customary closing conditions. Newbridge Securities is acting as the sole book-running manager of the offering.