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NASDAQ:SLRX 12 November 2025

Salarius Pharmaceuticals (SLRX) Stock Jumps as $7M Offering Prices; Closing Expected November 12, 2025 Amid Decoy Therapeutics Merger

Salarius Pharmaceuticals (SLRX) Stock Jumps as $7M Offering Prices; Closing Expected November 12, 2025 Amid Decoy Therapeutics Merger

Salarius Pharmaceuticals priced a $7 million underwritten public offering, with closing contingent on its merger with Decoy Therapeutics. The deal includes common shares, pre-funded warrants, and fixed-price Series A and B warrants. Shares plunged up to 51% Tuesday after the financing news, then rebounded over 50% pre-market and up to 65% intraday today. The merger is expected to close around November 12, 2025.

Stock Market Today

  • Bitmine Surges as Ethereum Reserves Hit 5.62 Million ETH Ahead of BMNP Preferred Stock Launch
    June 16, 2026, 8:53 AM EDT. Bitmine Immersion Technologies (NYSE: BMNR) shares rose 6.21% to $17.11 after reporting Ethereum holdings of 5.62 million ETH, about 4.66% of total supply. The miner's crypto assets, including marketable securities and cash, now total $10.4 billion. Bitmine recently acquired 76,881 ETH, with Ether trading above their reported valuation price. The company launched Series A 9.50% preferred shares as BMNP, raising $273.8 million to fund further ETH purchases. Staked Ethereum, earning annualized revenue estimated at $226 million, and the new preferred stock offering shape Bitmine's growth strategy. However, BMNR shares remain volatile, trading between $3.92 and $161 in the past year due to crypto price swings, regulatory risks, financing challenges, and potential dilution.

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