enGene Announces $60 Million Private Placement Financing
enGene Holdings Inc. (ENGN)
Company Research
Source: Business Wire
BOSTON & MONTREAL--(BUSINESS WIRE)--enGene Holdings Inc. (Nasdaq: ENGN or “enGene” or the “Company”), a clinical-stage genetic medicines company whose non-viral lead investigational product detalimogene voraplasmid (also known as detalimogene, and previously EG-70) is in an ongoing pivotal study in patients with high-risk, Bacillus Calmette-Guérin (BCG)-unresponsive, non-muscle invasive bladder cancer (NMIBC) with carcinoma in situ (Cis), today announced that it has agreed to sell 6,758,311 of its common shares at a price per share of $8.90. The financing is expected to close on October 29, 2024, subject to customary closing conditions. enGene anticipates the gross proceeds from the private placement to be approximately $60 million, before deducting any offering-related expenses.The financing included participation from new and existing investors, including Deep Track Capital, Cormorant Asset Management, Forbion, OrbiMed, Sphera Healthcare, Vestal Point Capital and Venrock Healthc
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ENGN
News
- enGene Holdings Inc. (NASDAQ: ENGN) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $18.00 price target on the stock.MarketBeat
- enGene Holdings Inc. (NASDAQ: ENGN) is now covered by analysts at HC Wainwright. They set a "buy" rating and a $25.00 price target on the stock.MarketBeat
- enGene Holdings Inc. (ENGN) Upgraded to Strong Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- enGene Reports Full Year 2024 Financial Results and Provides a Business Update [Yahoo! Finance]Yahoo! Finance
- enGene Reports Full Year 2024 Financial Results and Provides a Business UpdateBusiness Wire
ENGN
Sec Filings
- 12/20/24 - Form 8-K
- 12/20/24 - Form 424B5
- 12/19/24 - Form 10-K
- ENGN's page on the SEC website