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InvestorNewsBreaks – 180 Life Sciences Corp. (NASDAQ: ATNF) Closes on $3M Registered Direct Offering, Concurrent Private Placement
April 11, 2023

InvestorNewsBreaks – 180 Life Sciences Corp. (NASDAQ: ATNF) Closes on $3M Registered Direct Offering, Concurrent Private Placement

180 Life Sciences (NASDAQ: ATNF), a clinical-stage biotechnology company, has closed on its previously announced issuance and sale of 1,570,680 shares of the company’s common stock in a registered direct offering and warrants. The shares were offered at a purchase price of $1.91 in a concurrent private placement, resulting in gross proceeds of an estimated $3 million. According to the announcement, the private placement warrants have an exercise price of $1.78 per share, are immediately exercisable, and will expire five and one-half years from the date of issuance. ATNF anticipates using the offering funds for research and development expenses as well as general corporate purposes. A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.

To view the full press release, visit https://ibn.fm/7Y8E2

About 180 Life Sciences Corp.

180 Life Sciences is a clinical-stage biotechnology company driving groundbreaking studies into clinical programs that are seeking to address major unmet medical needs. The company’s focus is a novel program to treat several inflammatory disorders using anti-TNF (tumor necrosis factor). For more information about the company, visit www.180LifeSciences.com.

NOTE TO INVESTORS: The latest news and updates relating to ATNF are available in the company’s newsroom at https://ibn.fm/ATNF

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