- MetaVia (NASDAQ:MTVA) has launched a non-public placement for gross proceeds of about $10M.
- The corporate will buy 9.48M shares of MetaVia’s widespread inventory at a value of $0.71 per share and 4.6M pre-funded warrants to buy shares of MetaVia’s widespread inventory at a value of $0.709 per pre-funded warrant.
- MetaVia presently intends to make use of the web proceeds from the providing for working capital and company functions, together with to proceed the scientific growth of DA-1726 for the remedy of weight problems.
- MTVA -1.32% premarket to $0.7006.
- Supply: Press Launch
