BioPorto private placement of more than 9.2 million shares fully subscribed
BioPorto A/S (CPH:BIOPOR) announced Monday that a private placement of more than 9.2 million shares is fully subscribed.
The aggregate subscription price for the new shares is DKK36,748,610 (US$5.5 million), which will be paid before the end of June, according to a statement.
BioPorto expects to complete the share capital increase and issue the new shares in early July.
The company has submitted an application to the US Food and Drug Administration for approval of its proprietary NGAL Test that assesses the risk of acute kidney injury in children under 21.
BioPorto, based in Hellerup, Denmark, also plans to seek FDA clearance of the NGAL Test for use in adults in the second half of 2019.
Contact the author: [email protected]
Follow him on Twitter @PatrickMGraham
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/222269/bioporto-private-placement-of-more-than-92-million-shares-fully-subscribed-222269.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).