Immutep Announced Late Thursday, It Successfully Completed Institutional Placement And Institutional Component Of Its Entitlement Offer; Shares Resumed Trading
Portfolio Pulse from Charles Gross
Immutep Limited (NASDAQ: IMMP) successfully completed an institutional placement and the institutional component of its 1 for 7.6 pro rata accelerated non-renounceable entitlement offer, raising approximately A$80 million.
June 02, 2023 | 8:47 am
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POSITIVE IMPACT
Immutep successfully raised A$80 million through institutional placement and entitlement offer, which may positively impact its stock price.
Immutep's successful completion of the institutional placement and entitlement offer indicates strong investor interest and confidence in the company. This capital infusion will provide the company with additional resources to fund its operations and growth, which may positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100