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Phio Pharmaceuticals Corp. Secures $6.36 Million Through At The Market Offering

PUBLIC · PHIOApr 08, 2026

Amount Raised

$6.36 Million

Round Type

Post-IPO Equity

King Of PrussiaBiotechnologyHealthcareHealth CareTherapeutics

Investors

H.C. Wainwright & Co., LLC

Description

On April 8, 2026, Phio Pharmaceuticals Corp. entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC. The Company is set to offer and sell up to $6,360,000 of its common stock

Company Information

Company

Phio Pharmaceuticals

Location

411 SWEDELAND ROAD

King Of Prussia, Pennsylvania, United States

About

Phio Pharmaceuticals Corp. (Nasdaq: PHIO) is a clinical stage biotechnology company whose proprietary INTASYL™ RNAi technology makes immune cells more effective in killing tumor cells. INTASYL is the only self-delivering RNAi technology focused on immuno-oncology therapeutics. INTASYL drugs precisely target specific proteins that reduce the body’s ability to fight cancer, without the need for specialized formulations or drug delivery systems. Phio was co-founded by Nobel Laureate Craig Mello, who was awarded the Nobel prize in 2006 for his discovery of RNAi, which has broad therapeutic applications. Our founders opened up a whole new field of biology when they discovered RNAi, and we continue their pioneering efforts today through our work with INTASYL. We’re committed to discovering and developing innovative cancer treatments for patients, creating new pathways for a cancer-free future.

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