NEW YORK (GenomeWeb) – Curetis said today that it is planning a €4.1 million ($5.0 million) equity offering and that it has secured a $10 million equity facility with a New York-based venture capital firm.
According to Curetis, it has received commitments from qualified investors in the US and Europe to purchase 854,166 newly issued shares at €4.80 each. The equity facility will allow the company to raise up to $10 million in additional equity — solely at its request — from Global Corporate Finance over a 36-month period.