Virax Biolabs Group (VRAX) Prices 2.33M Share Private Placement at $1.65/sh

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Virax Biolabs Group Limited Announces $3.8 Million Private Placement

November 4, 2022 7:30 AM EDT

LONDON, Nov. 4, 2022 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative biotechnology company focused on the prevention, detection, and diagnosis of viral diseases, announced today that it has entered into a definitive agreement with a leading healthcare-focused institutional investor, pursuant to which the Company agreed to sell 2,330,000 shares of ordinary shares (or ordinary shares equivalents in lieu thereof) at a gross purchase price of $1.65 per share. Additionally, Virax has agreed to issue to the investor... More