1The company priced a public offering expected to generate approximately $2 million in gross proceeds before fees and expenses.
2The offering consists of 3,921,567 units, each containing one ordinary share, one Series A warrant, and one Series B warrant, priced at $0.51 per unit.
3Alternatively, 3,921,567 pre-funded units are offered, each containing one pre-funded warrant, one Series A warrant, and one Series B warrant, priced at $0.509 per unit.
4Series A and Series B warrants have an exercise price of $0.561 per share, are immediately exercisable, and expire two years from issuance.
5Series B warrants include a zero cash exercise option allowing the holder to exchange each warrant for five ordinary shares.
6Net proceeds are intended to fund development programs, working capital, and other general corporate purposes.