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-0.0135018411601582 -0.000227303723234861 0.00468245669864071 0.0592353502750375 0.0455971268809384 0.068327499204437 0.154702914033732 0.0728735736691369
Stock impact report

Aclaris Therapeutics Announces $80 Million Private Placement [Yahoo! Finance]

Aclaris Therapeutics, Inc. (ACRS) 
Last aclaris therapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: aclaristx.com
Company Research Source: Yahoo! Finance
company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced that it has entered into a securities purchase agreement with a group of accredited investors for the private placement of 35,555,555 shares of common stock at a purchase price of $2.25 per share, for gross proceeds of approximately $80.0 million. The private placement is expected to close on or about November 19, 2024, subject to the satisfaction of customary closing conditions. The private placement was led by Vivo Capital, with participation by new and existing investors including Forge Life Science Partners, Rock Springs Capital, RA Capital Management, Adage Capital Partners LP, Decheng Capital, Logos Capital and Samsara BioCapital. Net proceeds from the private placement are expected to fund the research and development of its pipeline and for general corporate purposes. The securities being issued and sold in the private placement have not been registered under the Securit Show less Read more
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