Brief: Sequana Medical Successfully Raises EUR 22.5 Million In An Equity Placement

Sequana Medical NV

09/02/2021 20:19

Feb 9 (Reuters) - Sequana Medical NV  SEQUA.BR :
    * SEQUANA MEDICAL SUCCESSFULLY RAISES EUR 22.5 MILLION IN AN
EQUITY PLACEMENT
    * OFFERING WAS UPSIZED FROM EUR 17.5 MILLION TO EUR 22.5
MILLION
DUE TO STRONG DEMAND
    * OFFERING AT AN ISSUE PRICE OF EUR 8.50 PER SHARE
    * FOR POSEIDON, CO IS PLANNING FOR SECOND INTERIM ANALYSIS
IN H1
2021 AND ANNOUNCEMENT OF PRIMARY ENDPOINT IN Q1 2022
    * FOR POSEIDON, FURTHER INTERIM RESULTS ARE EXPECTED IN H1
2021,
WITH PRIMARY ENDPOINT READ-OUT PLANNED FOR Q1 2022

Source text for Eikon:  ID:nGNE2xhPkX 
Further company coverage:  SEQUA.BR 

 ((Reuters.Briefs@thomsonreuters.com;))