Transactions

Peterson McVicar acts as Canadian Counsel for Maxim Group LLC, Sole Agent to Aeterna Zentaris in $5.0 Million Registered Direct Offering

On September 20, 2019 Aeterna Zentaris Inc. (“Aeterna”) announced that it had entered into a securities purchase agreement with institutional investors in the United States to purchase approximately $5.0 million of its common shares in a registered direct offering and warrants to purchase common shares in a concurrent private placement (together, the “Offering”). Maxim Group LLC (“Maxim”) is acting as sole placement agent in connection with the Offering.

The combined purchase price for one common share and one warrant will be $1.50. In the concurrent private placement, Aeterna has agreed to issue warrants to purchase up to an aggregate of 3,325,000 common shares. The warrants will be exercisable for a period of 5 years commencing six months from the date of issuance and have an exercise price of $1.65 per share.

Aeterna is a specialty biopharmaceutical company engaged in commercializing novel pharmaceutical therapies, principally through out-licensing arrangements.

Back

Recent Transactions

31 May 2022

Peterson McVicar Acts for Red Cloud Securities Inc. in Brokered Private Placement with Reyna Silver Corp. for up to C$3.0 Million

Learn More

30 May 2022

Peterson McVicar Acts for Probe Metals in Private Placement

Learn More

06 May 2022

Peterson McVicar Acts for Galway Metals in Upsizing of $8 Million Bought Deal Private Placement Financing to $10 Million

Learn More

05 May 2022

Peterson McVicar Acts for Galway Metals in $8 Million Bought Deal Private Placement Financing

Learn More