Genelux Corporation Prices Public Offering of 6,666,667 Shares at $3.00 Each
Genelux Corporation announced the pricing of an underwritten public offering of 6,666,667 shares of its common stock at a price to the public of $3.00 per share. All of the shares in the offering are to be sold by Genelux. The gross proceeds to Genelux from the offering are expected to be approximately $20M, before deducting underwriting discounts and commissions and estimated offering expenses payable by Genelux. In addition, Genelux has granted the underwriter a 30-day option to purchase up to an additional 1,000,000 shares of its common stock at the price to the public, less underwriting discounts and commissions. The net proceeds from the offering are expected to be used for general corporate purposes, which may include research and development expenses, clinical trial expenses, capital expenditures and working capital. The offering is expected to close on or about January 9, 2026, subject to the satisfaction of customary closing conditions. Lucid Capital Markets is acting as the sole book-running manager for the proposed offering.
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Genelux Corporation to Host Virtual Fireside Chat on January 19, 2026
- Executive Participation: Genelux Corporation's President and CEO Thomas Zindrick, along with other executives, will participate in a virtual fireside chat on January 19, 2026, hosted by Boris Peaker, PhD, to enhance investor understanding of the company's clinical advancements.
- Clinical Trial Progress: Genelux's Olvi-Vec is undergoing multiple clinical trials, including a Phase 3 registrational trial for platinum-resistant ovarian cancer and a Phase 2 trial for non-small-cell lung cancer, showcasing the company's active exploration in tumor immunotherapy.
- Expansion into China: Olvi-Vec is also being evaluated in a multi-center Phase 1b/2 trial in China for recurrent small-cell lung cancer, indicating Genelux's strategic positioning in international markets.
- CHOICE™ Platform Advantage: The core of Genelux's R&D is its proprietary CHOICE™ platform, which supports the development of various isolated and engineered oncolytic immunotherapeutic product candidates, enhancing the company's competitiveness in the biopharmaceutical sector.

ScinoPharm Secures FDA Approval for Glatiramer Acetate Injection in Multiple Sclerosis
- FDA Approval: ScinoPharm Taiwan (TWSE:1789) received FDA approval for its Glatiramer Acetate Injection for treating adult multiple sclerosis patients, marking the company's first finished drug approval and paving the way for regulatory submissions in Europe and Asia for broader commercialization.
- Market Reaction: Following this announcement, ScinoPharm's stock price rose by 3.08% to NT$23.40 on January 8, 2025, reflecting positive market sentiment regarding the product's prospects.
- Clinical Trial Progress: The approval supports the company's competitiveness in the global market, as Glatiramer Acetate remains a key product despite revenue erosion from generics, highlighting its ongoing relevance in the biotech sector.
- Strategic Positioning: This approval not only strengthens ScinoPharm's position in the biopharmaceutical landscape but also lays the groundwork for future market expansions, demonstrating the company's commitment to innovative drug development.









