— At December 31, 2019, cash, cash equivalents and
restricted cash was $16.7 million.
— Achieve Life Sciences completed
a meeting with the US FDA to finalize the Phase 3 cytisinicline clinical
development program.
— The company established an
agreement with the FreeMind Group to assist in securing non-dilutive funding to
evaluate cytisinicline in vapers and e-cigarette users.
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— The company closed an underwritten
public offering for gross proceeds of $13.8 million, before
underwriting discounts and commissions and offering expenses.
— ACHV shares were up 12.7% in premarket hours on Friday.
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