Quotient Limited Reports Senior Note Issuance and Warrant Cash Inflows and updates on MosaiQ Development and First Quarter Fiscal 2019 Financial Results
Quotient Limited - Ordinary Shares (QTNT)
Last quotient limited - ordinary shares earnings: 1/30 06:00 am
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US:NASDAQ Investor Relations:
investors.quotientbd.com/investor-relations
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Source: GlobeNewswire
$48.8 million of proceeds from warrant exercises received through July 31$36 million of additional senior notes issued and funded in JuneInitial SDS microarray verification and validation startedRecord reagent revenues recorded during the quarter JERSEY, Channel Islands, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Quotient Limited (NASDAQ:QTNT) (Quotient or the Company), a commercial-stage diagnostics company, today reported incremental cash inflows from the issuance of additional senior notes and the exercise of warrants sold in connection with its October 2017 private placement. In addition the Company provided an update on the status of the initial Serological Disease Screening (SDS) microarray development and the financial results for its fiscal first quarter ended June 30, 2018. “I am pleased to report on the updated funding status of the company following our recent senior note issuance and warrant exercises. We believe these two funding events position us well from a financial persp
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