On January 31, 2024, Aptose Biosciences Inc. closed the transaction. The company issued 2,105,263 common shares at an issue price of $1.90 per share for the gross proceeds of $3,999,999.7 yielding ownership of 19.03% of the outstanding Common Shares. The Company also issued investor warrants to purchase Common Shares at an exercise price of $1.71 per Warrant Share.

The Private Placement have been subject to the approval of the Toronto Stock Exchange (?TSX?) and Nasdaq.