CollPlant Biotechnologies Ltd. Announces $3.6 Million Share Issue in Registered Direct Offering
Reuters
May 30
CollPlant Biotechnologies Ltd. Announces $3.6 Million Share Issue in Registered Direct Offering
CollPlant Biotechnologies Ltd. has announced a $3.6 million registered direct offering, pricing its ordinary shares at-the-market under Nasdaq rules. The company will issue 1,200,002 ordinary shares at $3.00 per share. Alongside this, there will be a concurrent private placement of warrants to purchase the same number of shares at an exercise price of $3.00 per share, exercisable immediately and valid for three and a half years. The offering is expected to close soon, pending customary closing conditions.
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