Locke Lord Team Advises Nutex Health With $10 Million Publicly Registered Direct Offering of Common Stock and Warrants

A Locke Lord team led by Gislar Donnenberg (Houston) advised Nutex Health Inc. (Nasdaq: NUTX), a publicly traded health care services and operations company, in its $10 million publicly registered direct offering. Maxim Group LLC acted as the sole placement agent. In the offering, a single health care focused institutional investor purchased from the company 66,666,666 shares of common stock and warrants exercisable for up to an aggregate of 66,666,666 shares of common stock at a purchase price of $0.15 per share and accompanying warrant. The gross proceeds to Nutex Health were approximately $10 million before deducting the placement agent fees and other offering expenses. Additional assistance was provided by Jon Daly (Houston), Stanley Keller (Boston), Joseph Chung (New York) and Shaylen Jessop (Houston).
Posted on February 12, 2024