Argent BioPharma Ltd. Placing to Raise US$4,500,000
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Argent BioPharma Ltd. has successfully raised US$4.5 million through a capital placement, issuing 5,625,000 units at US$0.80 each. The funds will support their development of treatments for central nervous system and immune-related disorders.
January 06, 2025 | 8:15 pm
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Argent BioPharma Ltd. has raised US$4.5 million through a capital placement, which could enhance its financial position and support its R&D efforts.
The successful capital raise of US$4.5 million strengthens Argent BioPharma's financial position, potentially supporting its R&D activities. This could lead to positive investor sentiment and a short-term increase in stock price.
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