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Cellectis Secures $140 Million Additional Equity Investment From AstraZeneca
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Cellectis Secures $140 Million Additional Equity Investment From AstraZeneca
May 6, 2024 1:51 AM

04:22 AM EDT, 05/06/2024 (MT Newswires) -- Cellectis ( CLLS ) said Monday that AstraZeneca ( AZN ) has completed an additional equity investment of $140 million in the company, after clearance from the French Ministry of Economy.

AstraZeneca ( AZN ) has subscribed for 10 million class A convertible preferred shares and 18 million class B convertible preferred shares priced at $5 per convertible preferred share of Cellectis ( CLLS ).

Following the additional investment, AstraZeneca ( AZN ) owns about 44% of the share capital and 30% of the voting rights of the company.

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