Skip to main content

Mintz Advises on SCYNEXIS’ Up to $92.2 Million Private Placement

Mintz advised the placement agent in connection with SCYNEXIS’ up to $92.2 million private placement. The private placement included upfront gross proceeds of approximately $40.0 million in common stock (or pre-funded warrants in lieu thereof) and accompanying common warrants, and up to an additional $52.2 million in gross proceeds if the common warrants are exercised for cash, subject to stockholder approval to increase the number of authorized shares of common stock.

Guggenheim Securities acted as sole placement agent.

The Mintz capital markets team included William Hicks, John Rudy, Alok Choksi, Hannah Karraker, and Kate McLeod. Members of the Mintz team are based in the Boston, New York, and San Diego offices.