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Stock impact report

Cellectis draws down second tranche under EIB credit facility [Seeking Alpha]

Cellectis S.A. - American Depositary Shares (CLLS) 
Last cellectis s.a. - american depositary shares earnings: 3/4 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: cellectis.com/en/investors
Company Research Source: Seeking Alpha
The biotech said the agreement is for up to EUR 40M and was entered into in December 2022. The second tranche is expected to be disbursed by Jan. 25. As a condition of the disbursement, Cellectis issued 1.46M warrants to the benefit of the EIB, the company said in a statement . Each warrant allows the EIB to subscribe for one ordinary share at an exercise price of EUR 2.53. The EIB agreement allows the company to draw down a third tranche of up to EUR 5M, subject to certain conditions. Cellectis plans to use proceeds from the second tranche for development of its allogeneic Car T cell product candidates UCART22, UCART20x22 and UCART 123. Recommended For You Show less Read more
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