Universe Pharmaceuticals Raises $25 Million in Offering

Universe Pharmaceuticals (UPC) has released an update.

Universe Pharmaceuticals INC successfully completed a public offering on July 15, 2024, raising $25 million by selling 20 million ordinary shares at $1.25 each. The capital raise, which occurred before accounting for expenses related to the offering, aims to boost the company’s financial flexibility and future growth prospects.

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