CytRx Corporation (OTCMKTS:CYTR) Stock Jumps 11% After the Appointment Of CEO

January 4, 2022

This morning, many investors are likely to keep the CytRx Corporation (OTCMKTS:CYTR) stock in their sights considering the fact that it had emerged as one of the major gainers yesterday and clocked gains of as much as 11%. Trading Data On Monday, CYTR stock moved up 10.89% to $0.56 with more 14K shares, compared to its average volume of 79K shares. The stock has moved within a range of $0.5060…

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CytRx Corporation (OTCMKTS: CYTR) Signs ~$10M Securities Purchase Agreement

July 14, 2021

CytRx Corporation (OTCMKTS: CYTR) recently announced that it signed a securities purchase agreement for aggregate gross proceeds worth around $10 million. The agreement is inked with institutional investor that is focused on healthcare primarily.  What’s the agreement about? As per the agreement, the company has agreed on selling 2 million of its common stock shares priced at $0.88/share. The gross proceeds amounting from this sale would be approximately $1.76 million….

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