Replimune Announces Private Placement Financing With An Institutional Investor For Gross Proceeds Of ~$100M
Portfolio Pulse from Benzinga Newsdesk
Replimune has announced a private placement financing deal with an institutional investor, raising approximately $100 million in gross proceeds.
June 13, 2024 | 12:37 pm
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Replimune has secured $100 million in private placement financing from an institutional investor. This influx of capital is likely to support the company's ongoing projects and may positively impact its stock price in the short term.
The $100 million financing will provide Replimune with additional capital to support its operations and growth initiatives. This is likely to be viewed positively by investors, leading to a potential short-term increase in the stock price.
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