Brief: Sensorion Successfully Raises 8.65 Million Euros From Institutional Investors

Sensorion SA

18/05/2018 07:38

May 18 (Reuters) - SENSORION SA  ALSEN.PA :
    * SENSORION SUCCESSFULLY RAISES € 8.65 MILLION FROM
INSTITUTIONAL
INVESTORS
    * FUNDS RAISED AIM AT FINANCING ACCELERATION OF RESEARCH &
DEVELOPMENT OF SENSORION PIPELINE OF PRODUCTS
    * CAPITAL INCREASE WITHOUT PREFERENTIAL SUBSCRIPTION RIGHTS
VIA
ACCELERATED BOOK-BUILD OFFERING
    * ISSUANCE OF 3,844,108 NEW SHARES, I.E. 42.4% OF COMPANY'S
EXISTING SHARE CAPITAL
    * WILL EXTEND CO'S FINANCIAL VISIBILITY UNTIL END OF FIRST
HALF OF
2019
    * ISSUANCE IS PRICED AT EUR 2.25 PER SHARE
    * TRANSACTION WILL REINFORCE THE CASH POSITION OF CO

Source text for Eikon:  ID:nBw2LZTlta 
Further company coverage:  ALSEN.PA 

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