BioLineRx (BLRX) Announces $9 Million Registered Direct Offering of ADSs, Warrants
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BioLineRx Announces $9.0 Million Registered Direct Offering
May 26, 2020 8:40 AM EDTTEL AVIV, Israel, May 26, 2020 /PRNewswire/ -- BioLineRx Ltd. (Nasdaq: BLRX) (TASE: BLRX), a late clinical-stage biopharmaceutical company focused on oncology, today announced that it has entered into definitive agreements with several healthcare-focused, institutional and accredited investors for the purchase and sale of 5,142,859 of the Company's American Depositary Shares (ADSs), at a purchase price of $1.75 per ADS, in a registered direct offering. BioLineRx has also agreed to issue and sell to the investors, in a concurrent private placement, unregistered warrants to purchase up to an aggregate of 5,142,859... More
