BeyondSpring (BYSI) said Wednesday it sold approximately 1.3 million shares to Dr. Quanqi Song at $2.36 apiece.
The company raised roughly $3 million in gross proceeds from the offering, according to a regulatory filing. The company plans to use the net proceeds to fund research and development, and for general corporate purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments