tiprankstipranks
Mesoblast Issues Warrants in $50 Million Agreement
Company Announcements

Mesoblast Issues Warrants in $50 Million Agreement

Mesoblast Limited (AU:MSB) has released an update.

Don't Miss our Black Friday Offers:

Mesoblast Limited has announced the issuance of 2 million warrants to its largest shareholder, Dr. Gregory George, as part of a convertible note subscription agreement. This agreement, which could provide the company with up to $50 million, follows FDA approval for their lead product Ryoncil®. The warrants, with an exercise price of $9.06 per ADS, will expire four years from the issuance date.

For further insights into AU:MSB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskJPMorgan Chase Takes Significant Stake in Mesoblast
Jason CarrMEOBF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
TipRanks Australian Auto-Generated NewsdeskMesoblast Limited’s AGM Resolutions Gain Strong Approval
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App