Minerva Neurosciences shares are trading higher after the company announced a $20 million private placement priced at a premium to the market.
Portfolio Pulse from Benzinga Newsdesk
Minerva Neurosciences has announced a $20 million private placement priced at a premium to the market, leading to a rise in its share prices.
June 28, 2023 | 2:15 pm
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Minerva Neurosciences' shares are trading higher after the company announced a $20 million private placement priced at a premium to the market.
The announcement of a private placement priced at a premium to the market indicates strong investor confidence in Minerva Neurosciences, which has led to a rise in its share prices. This is likely to have a positive short-term impact on the company's stock.
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