Evelo Biosciences Announces $25.5M Private Placement
Portfolio Pulse from Benzinga Newsdesk
Evelo Biosciences has announced a private placement of $25.5 million. The funds raised will be used for general corporate purposes.
July 10, 2023 | 11:30 am
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Evelo Biosciences has raised $25.5 million through a private placement. This could strengthen the company's financial position.
The private placement will provide Evelo Biosciences with additional capital, which could be used for various corporate purposes. This could potentially strengthen the company's financial position and may have a positive impact on its stock price in the short term.
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