Money Makers Mentor

Biopharmaceutical Company Artelo Biosciences Files to List More Units on the NASDAQ

Artelo Biosciences, Inc. (NASDAQ: ARTL) has filed paperwork with the SEC to list more units on the NASDAQ. Each unit consists of one share of Artelo Bioscience’s common stock and one warrant to purchase one share of Artelo Bioscience’s common stock at an exercise price that has yet to be determined. Some of Artelo Bioscience’s warrants are currently listed on the Nasdaq Capital Market under the ticker symbol ARTLW. Ladenburg Thalmann & Co. Inc. is acting as the sole book-running manager for this offering. Artelo Bioscience has granted a 45-day option to the underwriter to purchase up to an additional unspecified number of shares of common stock and/or warrants at the public offering price, less the underwriting discounts in order to cover over-allotments, if any.

The underwriter’…

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