Replimune Prices ~$150M Underwritten Offering Of 9,701,490 Shares And Warrants At $12.06 Per Unit
The aggregate gross proceeds from the offering are expected to be approximately $150 million, before deducting underwriting discounts and commissions and other offering expenses. All of the securities in the offering
Replimune is selling new shares to raise about $150 million in cash for the company. When a company does this, it means they need money for their business plans—watch whether they use it wisely on research or growth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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