Brief: Sequana Medical Launches Equity Placement

Sequana Medical NV

09/02/2021 13:44

Feb 9 (Reuters) - SEQUANA MEDICAL NV  SEQUA.BR :
    * SEQUANA MEDICAL LAUNCHES EQUITY PLACEMENT
    * NET PROCEEDS FROM OFFERING ARE EXPECTED TO EXTEND CURRENT
CASH
RUNWAY OF COMPANY FROM H2 2021 INTO Q1 2022
    * ACCELERATED BOOKBUILDING PROCEDURE WILL COMMENCE
IMMEDIATELY
    * EQUITY OFFERING TO RAISE AN AMOUNT OF APPROXIMATELY UP TO
EUR
17.5 MILLION
    * OPTIVERDER B.V. AS WELL AS EXISTING EXPERIENCED MEDICAL
DEVICE
INVESTOR AND CERTAIN OTHER PRIVATE INVESTORS COMMITTED TO SUBMIT
ORDERS FOR AGGREGATE AMOUNT OF AROUND EUR 7.3 MILLION

Source text: https://bit.ly/3rBvVrU
Further company coverage:  SEQUA.BR 

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