Replimune shares are trading higher after the company announced a private placement financing with an institutional investor for gross proceeds of approximately $100 million.
Portfolio Pulse from Benzinga Newsdesk
Replimune shares are trading higher following the announcement of a $100 million private placement financing with an institutional investor.
June 13, 2024 | 4:07 pm
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Replimune shares are trading higher after the company announced a private placement financing with an institutional investor for gross proceeds of approximately $100 million.
The announcement of a $100 million private placement financing is a significant positive development for Replimune, providing the company with substantial capital. This news has led to a surge in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100