Satsuma Pharmaceuticals Inc. (STSA) Announces $80 Million Private Placement Financing
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Satsuma Pharmaceuticals Announces $80 Million Private Placement Financing
March 1, 2021 7:00 AM ESTSOUTH SAN FRANCISCO, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- Satsuma Pharmaceuticals, Inc. (Nasdaq: STSA) a clinical-stage biopharmaceutical company, today announced that it has agreed to sell 14,084,507 shares of its common stock to certain institutional investors in a private investment in public equity (PIPE) financing. The Company anticipates gross proceeds from the PIPE will be approximately $80 million, before... More
