tiprankstipranks
Sernova Corp. Launches Marketed Public Offering
Company Announcements

Sernova Corp. Launches Marketed Public Offering

Sernova (TSE:SVA) has released an update.

Don't Miss our Black Friday Offers:

Sernova Corp. is conducting a marketed public offering aiming to raise between $6.5 million to $10 million, with shares and warrants priced at $0.33 and $0.40 respectively. The funds are intended for expanding a clinical study, R&D, and general corporate purposes, with notable participation from Evotec SE, its major shareholder. The offering, led by Stifel Nicolaus Canada Inc. and a syndicate of agents, is expected to close by June 20, 2024, subject to regulatory approvals.

For further insights into TSE:SVA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSernova Bolsters Leadership for Bio-hybrid Organ Programs
TipRanks Canadian Auto-Generated NewsdeskSernova Highlights Cell Therapy Advances at Industry Conference
TipRanks Canadian Auto-Generated NewsdeskSernova Strengthens Board with Biotech Expertise
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App