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Entera Bio Prices $10 Mln Private Placement Of Shares And Warrants; Stock Down

ENTX
Healthcare & BiotechPrivate Markets & VentureCompany FundamentalsBanking & Liquidity

Entera Bio entered a securities purchase agreement for a private placement led by funds affiliated with BVF Partners to issue and sell an aggregate of 7.83 million securities. The financing provides near-term capital for the clinical-stage biotech; deal economics (price, proceeds) were not disclosed in the report.

Analysis

Entera Bio entered a securities purchase agreement for a private placement led by funds affiliated with BVF Partners to issue and sell an aggregate of 7.83 million securities. The financing provides near-term capital for the clinical-stage biotech; deal economics (price, proceeds) were not disclosed in the report.

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