Brief: Asit Biotech Raises 12 Million euros Of Commitments In Convertible Bond Private Placement

European Medical Solutions SA

11/07/2018 16:53

July 11 (Reuters) - ASIT BIOTECH SA  ASIT.BR :
    * ASIT BIOTECH RAISES €12 MILLION OF COMMITMENTS IN A CONVERTIBLE BOND PRIVATE PLACEMENT
THAT WAS
HEAVILY OVERSUBSCRIBED
    * INTENDS TO ALLOCATE NET PROCEEDS OF OFFERING TO CLINICAL DEVELOPMENT OF ITS PRODUCT
CANDIDATES
    * CB'S WERE OFFERED THROUGH AN ACCELERATED BOOKBUILDING OFFERING OPEN TO INSTITUTIONAL
INVESTORS
AND SUCH OTHER INVESTORS
    * BRYAN, GARNIER & CO. ACTED AS SOLE BOOKRUNNER FOR OFFERING.
    * EACH CB IS ACCOMPANIED BY 19 BOND WARRANTS

Source text for Eikon:  ID:nBw7JDpfHa 
Further company coverage:  ASIT.BR 

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