Schiff Counsels CNS Pharmaceuticals on $11.5M Public Offering

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Schiff Counsels CNS Pharmaceuticals on $11.5M Public Offering

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Schiff Hardin advised CNS Pharmaceuticals, Inc. in connection with its public offering of 5,750,000 shares of common stock and 2,875,000 warrants to purchase common stock for gross proceeds of $11.5 million. The offering closed December 29, 2020.

CNS is biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system. It intends to use the net proceeds from this offering for its Phase 2 trial for Berubicin, other research and development, and for working capital.