Alpha Cognition Inc. - Building new Transformative Treatments for Alzheimer’s and ALS
Summary
Alpha Cognition Announces Fourth Closing Of Private Placement And Continuation Of The OfferingVANCOUVER, B.C. December 22, 2023 Alpha Cognition Inc. (CSE: ACOG, OTCQB: ACOGF) (Alpha Cognition or the Company) announces that it has completed a fourth closing pursuant to its previously announced private placement of units of the Company. Each unit consists of a common share and a warrant, with each warrant entitling the holder to purchase an additional common share at a price of US$0.31 for a period of three years. The Company is continuing the offering of units on the same terms for up to an additional US$1.8 million.The Company expects to use the net proceeds from the private placement for research and development, general and administrative matters, and working capital. The Company may complete additional closings pursuant to the private placement.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America.