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Longeveron Raises $9 Million From Direct Offering
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Longeveron Raises $9 Million From Direct Offering
Jul 19, 2024 2:10 PM

04:35 PM EDT, 07/19/2024 (MT Newswires) -- Longeveron ( LGVN ) said Friday it has closed a registered direct offering of about 2.2 million class A shares at $4.025 per share, raising about $9 million to advance its drug candidate Lomecel-B and for other general corporate purposes.

The company also issued warrants to buy up to about 2.2 million class A shares to the investors, the company said.

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