RedHill Biopharma Completes Private Placement of 8.57 Million ADS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2026
0mins
RedHill Biopharma announced that it has entered into a definitive agreement for the purchase and sale of an aggregate of 8,571,429 American Depositary Shares, each ADS representing ten thousand ordinary shares of the company, series A-1 warrants to purchase up to an aggregate of 8,571,429 ADSs and series A-2 warrants to purchase up to an aggregate of 8,571,429 ADSs, at a combined purchase price of 70c per ADS and accompanying warrants in a private placement. The Series A-1 warrants have an exercise price of $0.86 per ADS, are exercisable immediately and have a term of five years following the Effectiveness Date, and the Series A-2 warrants have an exercise price of 70c per ADS, are exercisable immediately and have a term of 18 months following the Effectiveness Date. The private placement is expected to close on June 22, subject to the satisfaction of customary closing conditions. The gross proceeds to the company from this offering are expected to be approximately $6M, before deducting the placement agent's fees and other offering expenses payable by the company. The potential additional gross proceeds to the company from the series A-1 warrants and the series A-2 warrants, if fully exercised on a cash basis, will be approximately $13.4M. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
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About RDHL
RedHill Biopharma Ltd is an Israel-based specialty biopharmaceutical company primarily focused on gastrointestinal and infectious diseases. RedHill promotes the gastrointestinal drugs such as, Talicia for the treatment of Helicobacter pylori (H. pylori) infection, and Aemcolo, for the treatment of travelers’ diarrhea. RedHill’s clinical late-stage development programs include: :info: RHB-204, for pulmonary nontuberculous mycobacteria (NTM) disease; opaganib (ABC294640), host-directed, SPHK2 inhibitor targeting multiple indications, RHB-107 (upamostat), an oral, host-directed serine protease inhibitor with potential for pandemic preparedness, is in late-stage development for treatment of non-hospitalized symptomatic COVID-19, and is targeting multiple other cancer and inflammatory gastrointestinal diseases; RHB-104 for Crohn's disease; and RHB-102 for chemotherapy and radiotherapy induced nausea and vomiting.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
RedHill Biopharma Closes Private Placement Raising $6 Million
- Funding Amount: RedHill Biopharma has successfully closed a private placement raising approximately $6 million, which is expected to enhance the company's near-term liquidity and support a potential strategic acquisition that could significantly expand its commercial portfolio and revenue base.
- Subscribed Shares: The financing involves 8,571,429 American Depositary Shares (ADSs), each representing 10,000 ordinary shares, along with Series A-1 and A-2 warrants, with an exercise price of $0.86 per ADS for A-1 and $0.70 per ADS for A-2, both of which are immediately exercisable.
- Potential Proceeds: Should the Series A-1 and A-2 warrants be fully exercised, RedHill could realize an additional approximately $13.4 million, providing crucial funding for future R&D and market expansion, although there is no assurance that any warrants will be exercised.
- Market Compliance: The securities were offered under Section 4(a)(2) of the Securities Act of 1933, meaning they are not registered in the U.S., which imposes restrictions on their sale in the U.S. and requires adherence to relevant laws to ensure compliance.
See More
RedHill Biopharma Completes Private Placement Financing
- Financing Size: RedHill Biopharma has successfully completed a private placement, raising approximately $6 million, which is expected to enhance the company's near-term liquidity and support potential strategic acquisitions to further expand its commercial product portfolio.
- Subscription Details: The financing involves 8,571,429 American Depositary Shares (ADS), priced at $0.70 per ADS, with accompanying Series A-1 and A-2 warrants that can be exercised over the next five years, potentially generating an additional $13.4 million in proceeds.
- Strategic Acquisition Opportunities: Although no definitive acquisition agreement has been executed, the company plans to leverage this financing for the acquisition of commercial-stage, revenue-generating pharmaceutical product assets, which would significantly enhance its revenue base and market competitiveness.
- Compliance Statement: The securities issued in this offering are conducted under Section 4(a)(2) of the Securities Act of 1933 and are not registered in the U.S., requiring investors to adhere to relevant legal regulations to ensure compliance and avoid legal risks.
See More
RedHill Biopharma Enters ADS Purchase Agreement
- Offering Size: RedHill Biopharma announced the issuance of 8.57 million American depositary shares (ADS), with each ADS representing 10,000 ordinary shares, expected to generate approximately $6 million in revenue, thereby strengthening its capital structure for future growth.
- Subscription Terms: The purchase price for each ADS and accompanying Series A-1 and A-2 warrants is set at $0.70, with the exercise price for Series A-1 warrants at $0.86 and Series A-2 at $0.70, reflecting the company's confidence in future stock performance.
- Warrant Details: Series A-1 warrants are immediately exercisable with a five-year term, while Series A-2 warrants are also immediately exercisable but with an 18-month term, providing flexible financing options to support the company's strategic objectives.
- Use of Proceeds: The company intends to allocate a portion of the net proceeds for potential strategic product acquisitions, with the remainder designated for working capital, research and development, and general corporate purposes, indicating a proactive approach to future growth.
See More
RedHill Biopharma Completes Private Placement Financing
- Financing Scale: RedHill Biopharma has entered into a private placement for 8,571,429 American Depositary Shares (ADSs) at a purchase price of $0.70 per ADS, expecting to raise approximately $6 million, indicating strong market interest in the company.
- Potential Revenue: If the Series A-1 and A-2 warrants are fully exercised, RedHill could secure an additional $13.4 million, which would significantly bolster its financial resources for future initiatives.
- Use of Funds: The company intends to allocate a portion of the net proceeds towards potential strategic product acquisitions, with the remainder earmarked for working capital, research and development, and general corporate purposes, reflecting a proactive approach to growth.
- Market Compliance: The securities offering is conducted under Section 4(a)(2) of the Securities Act of 1933, remaining unregistered in the U.S., which highlights the company's cautious stance on compliance while also limiting the liquidity of the securities.
See More
RedHill Biopharma Receives FDA Rare Pediatric Disease Designation for Opaganib
- FDA Designation Progress: RedHill Biopharma's opaganib has received FDA's rare pediatric disease designation for neuroblastoma treatment, which provides a Priority Review Voucher subject to certain conditions, indicating the company's potential in pediatric oncology.
- Orphan Drug Status: Opaganib has also received Orphan Drug designation from the FDA for neuroblastoma and cholangiocarcinoma, enhancing its market appeal and potentially accelerating clinical development, thereby strengthening the company's competitive position in oncology.
- Clinical Research Readiness: The company is prepared to submit the Phase 1 chemoradiotherapy study protocol for opaganib to the FDA-IND, demonstrating a proactive approach in advancing clinical trials, which may pave the way for future drug approval.
- Stock Price Volatility: In pre-market trading on NasdaqCM, RedHill's shares fell by 21.57% to $0.80, reflecting a negative market reaction to the news, which could impact the company's financing and future development plans.
See More
FDA Grants Rare Pediatric Disease Designation to Opaganib for Neuroblastoma Treatment
- Rare Pediatric Disease Designation: The FDA has granted Opaganib a rare pediatric disease designation for neuroblastoma treatment, providing a Priority Review Voucher (PRV) that facilitates accelerated drug development and review processes, thereby enhancing market competitiveness.
- Significant Market Potential: The neuroblastoma market is projected to reach approximately $3.5 billion by 2032, and Opaganib, as a novel small molecule drug, is poised to capture a significant share in this rapidly growing market if approved.
- Clinical Data Support: Positive effects of Opaganib as a potential add-on therapy were presented at the 2026 American Association for Cancer Research Annual Meeting, indicating its potential to improve treatment outcomes for patients with neuroblastoma and triple-negative breast cancer.
- Strategic Partnerships: Ongoing discussions between RedHill Biopharma and Penn State University, along with the Beat Childhood Cancer consortium, aim to further advance the development of Opaganib, demonstrating the company's strong commitment to enhancing pediatric cancer treatment.
See More
RedHill Biopharma Closes Private Placement Raising $6 Million
- Funding Amount: RedHill Biopharma has successfully closed a private placement raising approximately $6 million, which is expected to enhance the company's near-term liquidity and support a potential strategic acquisition that could significantly expand its commercial portfolio and revenue base.
- Subscribed Shares: The financing involves 8,571,429 American Depositary Shares (ADSs), each representing 10,000 ordinary shares, along with Series A-1 and A-2 warrants, with an exercise price of $0.86 per ADS for A-1 and $0.70 per ADS for A-2, both of which are immediately exercisable.
- Potential Proceeds: Should the Series A-1 and A-2 warrants be fully exercised, RedHill could realize an additional approximately $13.4 million, providing crucial funding for future R&D and market expansion, although there is no assurance that any warrants will be exercised.
- Market Compliance: The securities were offered under Section 4(a)(2) of the Securities Act of 1933, meaning they are not registered in the U.S., which imposes restrictions on their sale in the U.S. and requires adherence to relevant laws to ensure compliance.
See More
RedHill Biopharma Completes Private Placement Financing
- Financing Size: RedHill Biopharma has successfully completed a private placement, raising approximately $6 million, which is expected to enhance the company's near-term liquidity and support potential strategic acquisitions to further expand its commercial product portfolio.
- Subscription Details: The financing involves 8,571,429 American Depositary Shares (ADS), priced at $0.70 per ADS, with accompanying Series A-1 and A-2 warrants that can be exercised over the next five years, potentially generating an additional $13.4 million in proceeds.
- Strategic Acquisition Opportunities: Although no definitive acquisition agreement has been executed, the company plans to leverage this financing for the acquisition of commercial-stage, revenue-generating pharmaceutical product assets, which would significantly enhance its revenue base and market competitiveness.
- Compliance Statement: The securities issued in this offering are conducted under Section 4(a)(2) of the Securities Act of 1933 and are not registered in the U.S., requiring investors to adhere to relevant legal regulations to ensure compliance and avoid legal risks.
See More
RedHill Biopharma Enters ADS Purchase Agreement
- Offering Size: RedHill Biopharma announced the issuance of 8.57 million American depositary shares (ADS), with each ADS representing 10,000 ordinary shares, expected to generate approximately $6 million in revenue, thereby strengthening its capital structure for future growth.
- Subscription Terms: The purchase price for each ADS and accompanying Series A-1 and A-2 warrants is set at $0.70, with the exercise price for Series A-1 warrants at $0.86 and Series A-2 at $0.70, reflecting the company's confidence in future stock performance.
- Warrant Details: Series A-1 warrants are immediately exercisable with a five-year term, while Series A-2 warrants are also immediately exercisable but with an 18-month term, providing flexible financing options to support the company's strategic objectives.
- Use of Proceeds: The company intends to allocate a portion of the net proceeds for potential strategic product acquisitions, with the remainder designated for working capital, research and development, and general corporate purposes, indicating a proactive approach to future growth.
See More
RedHill Biopharma Completes Private Placement Financing
- Financing Scale: RedHill Biopharma has entered into a private placement for 8,571,429 American Depositary Shares (ADSs) at a purchase price of $0.70 per ADS, expecting to raise approximately $6 million, indicating strong market interest in the company.
- Potential Revenue: If the Series A-1 and A-2 warrants are fully exercised, RedHill could secure an additional $13.4 million, which would significantly bolster its financial resources for future initiatives.
- Use of Funds: The company intends to allocate a portion of the net proceeds towards potential strategic product acquisitions, with the remainder earmarked for working capital, research and development, and general corporate purposes, reflecting a proactive approach to growth.
- Market Compliance: The securities offering is conducted under Section 4(a)(2) of the Securities Act of 1933, remaining unregistered in the U.S., which highlights the company's cautious stance on compliance while also limiting the liquidity of the securities.
See More
RedHill Biopharma Receives FDA Rare Pediatric Disease Designation for Opaganib
- FDA Designation Progress: RedHill Biopharma's opaganib has received FDA's rare pediatric disease designation for neuroblastoma treatment, which provides a Priority Review Voucher subject to certain conditions, indicating the company's potential in pediatric oncology.
- Orphan Drug Status: Opaganib has also received Orphan Drug designation from the FDA for neuroblastoma and cholangiocarcinoma, enhancing its market appeal and potentially accelerating clinical development, thereby strengthening the company's competitive position in oncology.
- Clinical Research Readiness: The company is prepared to submit the Phase 1 chemoradiotherapy study protocol for opaganib to the FDA-IND, demonstrating a proactive approach in advancing clinical trials, which may pave the way for future drug approval.
- Stock Price Volatility: In pre-market trading on NasdaqCM, RedHill's shares fell by 21.57% to $0.80, reflecting a negative market reaction to the news, which could impact the company's financing and future development plans.
See More
FDA Grants Rare Pediatric Disease Designation to Opaganib for Neuroblastoma Treatment
- Rare Pediatric Disease Designation: The FDA has granted Opaganib a rare pediatric disease designation for neuroblastoma treatment, providing a Priority Review Voucher (PRV) that facilitates accelerated drug development and review processes, thereby enhancing market competitiveness.
- Significant Market Potential: The neuroblastoma market is projected to reach approximately $3.5 billion by 2032, and Opaganib, as a novel small molecule drug, is poised to capture a significant share in this rapidly growing market if approved.
- Clinical Data Support: Positive effects of Opaganib as a potential add-on therapy were presented at the 2026 American Association for Cancer Research Annual Meeting, indicating its potential to improve treatment outcomes for patients with neuroblastoma and triple-negative breast cancer.
- Strategic Partnerships: Ongoing discussions between RedHill Biopharma and Penn State University, along with the Beat Childhood Cancer consortium, aim to further advance the development of Opaganib, demonstrating the company's strong commitment to enhancing pediatric cancer treatment.
See More
