Summary by Futu AI
NeuroSense Therapeutics Ltd. (NeuroSense), a clinical-stage biotechnology company, has filed a prospectus with the SEC under Rule 424(b)(3) for the resale of up to 3,050,964 ordinary shares and ordinary warrants to purchase up to 2,980,000 ordinary shares. The prospectus relates to the potential resale by selling shareholders identified in the prospectus, which includes ordinary shares issuable upon exercise of warrants acquired under a securities purchase agreement dated April 10, 2024, known as the April 2024 Offering. The ordinary shares and warrants were initially offered under exemptions provided by the Securities Act of 1933. The selling shareholders will receive all proceeds from any sales, with NeuroSense incurring offering-related expenses. If the warrants are exercised for cash, NeuroSense will receive the exercise price. The selling shareholders...Show More