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    Realm Therapeutics Announces Completion of $26 million Private Placement

    Jocelyn Aspa
    Oct. 12, 2017 09:58AM PST
    Biotech Investing

    Realm Therapeutics plc (AIM: RLM) has announced the private placement of $26 million, previously disclosed September 21, was approved by its shareholders at a general meeting in London on October 9. As quoted in the press release: The 66,396,485 new ordinary shares issued by the Company in the PIPE were admitted to trading on AIM, …

    Realm Therapeutics plc (AIM: RLM) has announced the private placement of $26 million, previously disclosed September 21, was approved by its shareholders at a general meeting in London on October 9.
    As quoted in the press release:

    The 66,396,485 new ordinary shares issued by the Company in the PIPE were admitted to trading on AIM, a market operated by the London Stock Exchange, on October 10, 2017. US and UK healthcare specialist funds that participated in the PIPE included OrbiMed, BVF Partners LP, RA Capital Management, Abingworth BioEquities Master Fund Ltd and Polar Capital.

    Enquiries:
    Realm Therapeutics plc+44 (0) 20 3727 1000
    Alex Martin, Chief Executive Officer
    Marella Thorell, Chief Financial Officer and Chief Operating Officer
    FTI Consulting+44 (0) 20 3727 1000
    Simon Conway / Mo Noonan
    N+1 Singer (Nominated Adviser and Broker)+44 (0) 20 7496 3000
    Aubrey Powell / Lauren Kettle
     

    Click here to read the full press release.

    private placementchief operating officer
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