BullFrog AI Announces Underwriter’s Decision to Exercise Over-Allotment Option to Purchase 218,382 Shares of the Company’s Common Stock
February 21 2024 - 12:01PM
BullFrog AI Holdings, Inc. (NASDAQ:BFRG; BFRGW) (“BullFrog AI” or
the “Company”), a technology-enabled drug development company using
artificial intelligence (AI) and machine learning to enable the
successful development of pharmaceuticals and biologics, announced
February 21, 2024, the Underwriter’s decision to exercise their
over-allotment option to purchase 218,382 shares of the Company’s
common stock (the “Option Shares”), pursuant to the Underwriting
Agreement, dated January 31, 2024, by and between BullFrog AI
Holdings, Inc. and WallachBeth Capital, LLC as representative of
the Underwriters (the “Underwriting Agreement”).
A registration statement on Form S-1 (File No.
333-276740) relating to the securities was filed with the
Securities and Exchange Commission (“SEC”) and became effective on
January 31, 2024. This offering was made only by means of a
prospectus. Copies of the final prospectus related to the offering
may be obtained, when available, from WallachBeth Capital, LLC, via
email: cap-mkts@wallachbeth.com, or by calling +1 (646) 237-8585,
or by standard mail at WallachBeth Capital, LLC, Attn: Capital
Markets, 185 Hudson St, Jersey City, NJ 07311, USA. In addition, a
copy of the final prospectus, when available, relating to the
offering may be obtained via the SEC’s website at www.sec.gov.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy these securities,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About BullFrog AI
BullFrog AI is a technology-enabled drug
development company using Artificial Intelligence and machine
learning to enable the successful development of pharmaceuticals
and biologics. Through its collaborations with leading research
institutions, BullFrog AI is at the forefront of AI-driven drug
development using its proprietary bfLEAP™ artificial intelligence
platform to create and analyze networks of biological, clinical,
and real-world data spanning from early discovery to late-stage
clinical trials. BullFrog AI is deploying bfLEAP™ for use at
several critical stages of development with the intention of
streamlining data analytics in therapeutics development, decreasing
the overall development costs by decreasing failure rates for new
therapeutics.
For more information visit BullFrog AI at:
Website: www.bullfrogai.comLinkedIn:
https://www.linkedin.com/company/bullfrogai/
Safe Harbor Statement
This press release contains forward-looking
statements. We base these forward-looking statements on our
expectations and projections about future events, which we derive
from the information currently available to us. Such
forward-looking statements relate to future events or our future
performance, including: our financial performance and projections;
our growth in revenue and earnings; and our business prospects and
opportunities. You can identify forward-looking statements by those
that are not historical in nature, particularly those that use
terminology such as “may,” “should,” “expects,” “anticipates,”
“contemplates,” “estimates,” “believes,” “plans,” “projected,”
“predicts,” “potential,” or “hopes” or the negative of these or
similar terms. In evaluating these forward-looking statements, you
should consider various factors, including: our ability to change
the direction of the Company; our ability to keep pace with new
technology and changing market needs; and the competitive
environment of our business. These and other factors may cause our
actual results to differ materially from any forward-looking
statement. Forward-looking statements are only predictions. The
forward-looking events discussed in this press release and other
statements made from time to time by us or our representatives, may
not occur, and actual events and results may differ materially and
are subject to risks, uncertainties, and assumptions about us. We
are not obligated to publicly update or revise any forward-looking
statement, whether as a result of uncertainties and assumptions,
the forward-looking events discussed in this press release and
other statements made from time to time by us or our
representatives might not occur.
Contact:
Dave GentryRedChip Companies,
Inc.BFRG@redchip.com800-733-2447
SOURCE: BullFrog AI Holdings, Inc.
Bullfrog AI (NASDAQ:BFRGW)
Historical Stock Chart
From Oct 2024 to Nov 2024
Bullfrog AI (NASDAQ:BFRGW)
Historical Stock Chart
From Nov 2023 to Nov 2024