BioLineRx to Raise $6M through Direct Offering

Monday, 1 April 2024, 13:14

BioLineRx is set to raise $6M through a direct offering by selling 7.5M American depositary shares (ADS) and warrants at a combined price of $0.80 per ADS. This move aims to secure additional funds for the company's growth initiatives and strategic plans. Investors can participate in the offering to support BioLineRx's expansion in the biopharmaceutical industry.
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BioLineRx to Raise $6M through Direct Offering

BioLineRx Plans $6M Fundraising through Direct Offering

BioLineRx intends to raise $6M by offering 7.5M American depositary shares and warrants at a combined purchase price of $0.80 per ADS.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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