Brief: Kuros Biosciences launches rights and share offering

Kuros Biosciences AG

19/06/2017 06:00

June 19 (Reuters) - KUROS BIOSCIENCES AG  KURN.S : 
    * LAUNCHES RIGHTS AND SHARE OFFERING 
    * BOARD DECIDED TO OFFER UP TO 1,612,330 SHARES WITHIN A 
PRICE RANGE OF CHF 12.50 TO CHF 15.50 PER SHARE. 
    * GROSS PROCEEDS, NET OF CERTAIN COSTS AND EXPENSES 
ASSOCIATED WITH PLACEMENT, WILL BE USED TO PREPARE 
COMMERCIALIZATION OF KUROS' LEAD PRODUCTS MAGNETOS AND NEUROSEAL 
    * SHARE OFFERING WILL START ON JUNE 21, 2017, AND END ON 
JUNE 28, 2017, 4PM. 
    * FINAL NUMBER OF NEW SHARES AND OFFER PRICE ARE EXPECTED TO 
BE ANNOUNCED ON OR AROUND JUNE 29, 2017 
 
Source text for Eikon:  ID:nTENawmm8a  
Further company coverage:  KURN.S  
 
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