Sensorion Announces a €15 Million Financing, Extending Cash Runway Until the End of 2025
The settlement-delivery of the Reserved Offering is expected to take place around April 11, 2024, subject to customary conditions.
- The settlement-delivery of the Reserved Offering is expected to take place around April 11, 2024, subject to customary conditions.
- This builds on the earlier EUR 50 million financing announced in February 2024, adding up to a total of EUR 100 million raised in less than 9 months.
- The capital increase enables the Company to finance its activities until the end of 2025.
- Leerink Partners LLC (“Leerink Partners”) and Stifel Europe AG (“Stifel”) are acting as lead agents in connection with the Reserved Offering.