Brief: Codexis Secures $40 Million In Financing Deal With Innovatus Capital Partners

Codexis

13/02/2024 21:54

Feb 13 (Reuters) - Codexis Inc  CDXS.O :
    * CODEXIS SECURES $40 MILLION IN STRATEGIC FINANCING DEAL
WITH
INNOVATUS CAPITAL PARTNERS TO FURTHER STRENGTHEN CASH POSITION
AHEAD OF KEY MILESTONES
    * CODEXIS INC - FINANCING BOLSTERS CASH POSITION AND
PROVIDES
ADDITIONAL FLEXIBILITY ON PROJECTED RUNWAY THROUGH POSITIVE
CASH-FLOW AROUND END OF 2026
    * CODEXIS INC - ENTERED INTO A LOAN FACILITY AGREEMENT WITH
AN
AFFILIATE OF INNOVATUS CAPITAL PARTNERS, LLC (INNOVATUS) FOR UP
TO $40 MILLION

Source text for Eikon:  ID:nGNX1rTDm7 
Further company coverage:  CDXS.O 

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