Surrozen (SRZN) Announces $192.5M Private Placement

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Go back to Surrozen (SRZN) Announces $192.5M Private Placement

Surrozen Announces up to $192.5 Million Private Placement of Securities Priced At-the-Market Under Nasdaq Rules

April 1, 2024 8:30 AM EDT

-   $17.5 million upfront proceeds with up to an additional $175 million of proceeds upon the exercise of warrants-   Initial capital funds expansion of Phase 1b trial in severe alcohol-associated hepatitis and extends cash runway-   Phase Ib data in expanded study expected in 1H 2025

SOUTH SAN FRANCISCO, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Surrozen, Inc. (Surrozen or the Company) (Nasdaq: SRZN, SRZNW), a company pioneering targeted therapeutics that selectively... More