Vior Announces $20 Million Private Placement
It is expected that approximately $13 million will be raised from FT Units and $7 million from Hard Units and Subscription Receipts.
- It is expected that approximately $13 million will be raised from FT Units and $7 million from Hard Units and Subscription Receipts.
- Each Hard Unit and Subscription Receipt will have an issue price of $0.125 and each FT Unit will have an issue price of $0.2225.
- The Over-Allotment Option will be exercisable, in whole or in part, up to 48 hours prior to the Closing Date.
- The parties are expected to enter into a definitive royalty option agreement (the “Royalty Option Agreement”).