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Belite Bio completes $25M registered direct offering for 651,380 ADS at $38.38 each with 5-year warrants.
Belite Bio, a clinical-stage biopharmaceutical company targeting degenerative retinal diseases, announced a $25M registered direct offering.
The company will issue up to 651,380 American Depositary Shares at $38.38 each, with warrants for 651,380 more shares at $44.14, exercisable immediately and expiring in 5 years.
The offering is expected to close on April 30, 2024, pending customary conditions.
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Belite Bio completa una oferta directa registrada de 25 millones de dólares por 651.380 ADS a 38,38 dólares cada uno con garantías a 5 años.