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Stock impact report

Aeterna Zentaris Reports Third Quarter 2019 Financial and Operating Results

Aeterna Zentaris Inc. (AEZS) 
Last aeterna zentaris inc. earnings: 11/7 06:28 pm Check Earnings Report
US:NASDAQ Investor Relations: zentaris.com
Company Research Source: GlobeNewswire
CHARLESTON, S.C., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZS) today reported its financial and operating results for the third quarter ended September 30, 2019. All Amounts are in U.S. Dollars Highlights  Net loss for the third quarter of 2019 was $0.3 million as compared to net loss of $2.5 million for the same period in 2018. Net loss for the nine-months ended September 30, 2019 was $5.0 million as compared to net income of $9.3 million for the same period in 2018.As of September 30, 2019, we had $10.9 million of unrestricted cash and cash equivalents.On September 20, 2019, the Company entered into a securities purchase agreement with U.S. institutional investors to purchase $5.0 million (before transaction costs of $0.8 million) of its common shares in a registered direct offering and warrants to purchase common shares in a concurrent private placement. The combined purchase price for one common share and one warrant was $1.50. Under the Show less Read more
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