Kamada Announces $60M Private Placement With FIMI Opportunity Funds
Portfolio Pulse from Benzinga Newsdesk
Kamada Ltd. announced a $60 million private placement with FIMI Opportunity Funds. The funds will be used to support the company's growth and development plans.
May 24, 2023 | 11:05 am
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Kamada Ltd. (KMDA) secured a $60 million private placement with FIMI Opportunity Funds, which will support the company's growth and development plans.
The $60 million private placement from FIMI Opportunity Funds will provide Kamada Ltd. with the necessary capital to support its growth and development plans. This investment is likely to have a positive short-term impact on KMDA's stock price as it demonstrates investor confidence in the company's future prospects.
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