BioAtla (BCAB) Announces Private Placement of 2.7 Million Shares
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BioAtla Announces Private Placement of 2.7 Million Shares
September 29, 2021 8:03 AM EDTSAN DIEGO, Sept. 29, 2021 /PRNewswire/ --Â BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics, today announced that it has entered into stock purchase agreements with a group of institutional investors in connection with a private placement of its common stock. The Company will issue 2.7 million shares of common stock for a purchase price of $28 per share. The transaction is expected to result in gross proceeds to the Company of $75.0 million, before deducting placement agent fees and other... More
