Brief: Nemaura Medical Announces Pricing Of Approximately $8.4 Million Registered Direct Offering And Concurrent Private Placement

Nemaura Medical

27/01/2023 14:13

Jan 27 (Reuters) - Nemaura Medical Inc  NMRD.O :
    * NEMAURA MEDICAL ANNOUNCES PRICING OF APPROXIMATELY $8.4
MILLION
REGISTERED DIRECT OFFERING AND CONCURRENT PRIVATE PLACEMENT
    * NEMAURA MEDICAL INC - COMBINED PURCHASE PRICE FOR ONE
SHARE AND
ONE WARRANT WILL BE $1.75
    * NEMAURA MEDICAL INC - WARRANTS WILL HAVE AN EXERCISE PRICE
OF
$2.00 PER SHARE
    * NEMAURA MEDICAL - AGGREGATE GROSS PROCEEDS FROM REGISTERED
DIRECT OFFERING AND CONCURRENT PRIVATE PLACEMENT ARE EXPECTED TO
BE APPROXIMATELY $8.4 MILLION

Source text for Eikon:  ID:nGNX9pPJcc 
Further company coverage:  NMRD.O 
 ((Reuters.Briefs@thomsonreuters.com;;))