Nutriband Inc. announces exercise of warrants at $6.43 for Gross Proceeds of $5,306,000
1. Nutriband raised $5.3M from warrants at $6.43 exercise price. 2. Funds will support AVERSA Fentanyl's clinical development and FDA submission. 3. AVERSA Fentanyl could achieve $80M to $200M in peak annual sales. 4. Nutriband is focused on abuse-deterrent pharmaceutical product development. 5. The company faces risks regarding product approval and market conditions.