Genetic Technologies Announces Closing of $1.44 Million Registered Direct Offering
Genetic Technologies Ltd - American Depositary Shares (GENE)
US:NASDAQ Investor Relations:
gtgcorporate.com/investor-centre
Company Research
Source: GlobeNewswire
MELBOURNE, Australia, April 23, 2020 (GLOBE NEWSWIRE) -- Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE) (the “Company”), a leader in the development of genetic risk assessment tests, today announced the closing of its previously announced registered direct offering of 722,502 American Depositary Shares (“ADSs”), each representing six hundred (600) of the Company’s ordinary shares, at a purchase price of $2.00 per ADS for gross proceeds of approximately $1.44 million. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The Company intends to use the net proceeds from this offering to support the introduction and distribution of its new products in the United States, for general product research and development, including the development of polygenic risk tests with TGen in the United States, for implementation of its consumer initiated testing platform and preparation for Covid-19 testing as well as for working capital. The Securities and Exchange
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- GTG and 'Wellworks for You' sign B2B sales & marketing deal covering 750 employer groups and 2 million U.S. employees [Financial Post (Toronto, Ontario, Canada)]Financial Post
- GTG and ‘Wellworks for You’ sign B2B sales & marketing deal covering 750 employer groups and 2 million U.S. employeesGlobeNewswire
- Appendix 4C & Quarterly Business Update – March 2024GlobeNewswire
- Genetic Technologies Announces Closing of US$2 Million Registered Direct OfferingGlobeNewswire
GENE
Sec Filings
- 5/6/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/23/24 - Form 6-K
- GENE's page on the SEC website