Cellectar Biosciences shares are trading higher after the company announced up to $103 million in private placement financing.
Portfolio Pulse from Benzinga Newsdesk
Cellectar Biosciences has announced up to $103 million in private placement financing, leading to a rise in its share prices.
September 05, 2023 | 5:21 pm
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Cellectar Biosciences' shares are trading higher after the company announced a significant private placement financing.
The announcement of a large private placement financing indicates a strong financial backing for Cellectar Biosciences. This news is likely to boost investor confidence in the company, leading to an increase in demand for its shares and consequently, a rise in its share price.
CONFIDENCE 90
IMPORTANCE 80
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