Brief: Valbiotis Completes Capital Increase Of 15 Million Euros

Valbiotis SA

15/04/2021 06:41

April 15 (Reuters) - VALBIOTIS SA  ALVAL.PA :
    * LARGELY SUCCESSFUL CAPITAL INCREASE THROUGH A PRIVATE
PLACEMENT
TOTALING 15 MILLION EUROS
    * GROSS AMOUNT OF CAPITAL INCREASE: 15 MEUR
    * MARKET CAPITALIZATION: 79 MEUR , AFTER ISSUANCE OF
1,930,000 NEW
SHARES AT A UNIT PRICE OF 7.80 EUR , REPRESENTING A 5.1%
DISCOUNT
    * FUNDING SECURED UNTIL FIRST SEMESTER 2024.
    * SUSTAINABLY SECURE FINANCIAL SITUATION THAT DOES NOT
INCLUDE
MILESTONES PAYMENTS AND POTENTIAL ROYALTIES RESULTING FROM
PARTNERSHIP WITH NESTLÉ HEALTH SCIENCE AS WELL AS ADDITIONAL
REVENUES ASSOCIATED WITH SIGNING OF ANY NEW PARTNERSHIP

Source text for Eikon:  ID:nBw27wkZCa 
Further company coverage:  ALVAL.PA 

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