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Viralytics closes $A27mm private placement

Executive Summary

Viralytics Ltd. (cancer immunotherapies) raised $A27mm ($24mm) through a private placement to twelve new US- and UK-based institutional health care investors. The company sold 97mm shares at $A0.28 (a 7% discount to the market average before the two-tranche placement was initially launched in January). Roth Capital was the placement agent.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Vaccines
Deal Status
  • Final
Deal Type
  • Financing
    • Private Investment in Public Biotech
    • Private Placement

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