In order to raise 10M, would you offer stock or would you offer bonds?

Imagine that you owned a pharmaceutical business that needed to raise money to expand its operations and develop a new Covid19 vaccine that was not an injection but rather a nasal spray.In order to raise 10M, would you offer stock or would you offer bonds?What is the difference between offering stock and offering bonds?What are the benefits and the negatives (to the company) with offering stock and offering bonds?What is in the best interest of your company?And what do you think that investors would prefer – to buy stock or to buy bonds?1 page and a halfNOTE PLEASE TRY NOT TO WRITE TOO PERFECTJUST SIMPLETHANKS