Eyenovia Announces $12M Registered Direct Offering
Portfolio Pulse from Happy Mohamed
Eyenovia, Inc. (NASDAQ:EYEN) has announced a $12M registered direct offering of over 4 million shares of its common stock and warrants. The proceeds from the offering will be used to fund the commercialization of a post-ophthalmic surgery product and for manufacturing automation activities for the Optejet® device. The offering is expected to close on August 29, 2023.
August 24, 2023 | 10:59 pm
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Eyenovia's registered direct offering could provide the necessary funding for its upcoming projects, potentially leading to future growth.
The proceeds from the offering will be used to fund the commercialization of a post-ophthalmic surgery product and for manufacturing automation activities for the Optejet® device. These projects could potentially increase the company's revenue and profitability in the future, positively impacting its stock price.
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