Sensorion Announces a €50.5 Million Financing With Participation From New and Existing US and European Healthcare Specialist Investors [Yahoo! Finance]
SONOVA HLDNG AG UNSP/ADR (SONVY)
NASDAQ:AMEX Investor Relations:
sonova.com/en/investors
Company Research
Source: Yahoo! Finance
Participation from leading US Healthcare Specialists funds including Aquilo Capital, as well as two large investment management firms Financing will enable the Company to extend its cash runway through the end of Q2 2025 MONTPELLIER, France, February 09, 2024 BUSINESS WIRE )--Regulatory News: Sensorion (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company which specializes in the development of novel therapies to restore, treat and prevent hearing loss disorders, today announced a €50.5 million offering reserved to specific categories of investors (the " Reserved Offering ") through the issuance of 88,594,737 new ordinary shares of the Company (the " New Shares ") at a price per New Share of €0.57 (the " Subscription Price ") to the benefit of Redmile Group, Invus and Sofinnova Partners, existing shareholders, and leading US Healthcare Specialists funds including Aquilo Capital, as well as two large investment management firms. The settlement-delivery of the
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