05:22 AM EDT, 03/14/2024 (MT Newswires) -- Mesoblast (MESO) said late Wednesday it has completed an entitlement offer and an institutional placement of securities raising total gross proceeds of $97 million Australian dollars ($64.2 million).

In addition, the company said its Chief Medical Officer Eric Rose subscribed for AU$1.5 million worth of additional shares, subject to shareholder approval.

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