July 3, 2020 / 6:07 AM / a month ago

BRIEF-Biophytis Announces EUR 6.1 Million Capital Increase Through Private Placement

July 3 (Reuters) - Biophytis SA:

* ANNOUNCES A EUR 6.1 MILLION CAPITAL INCREASE THROUGH PRIVATE PLACEMENT

* CAPITAL INCREASE WILL BE COMPLETED WITH THE PARTICIPATION OF INSTITUTIONAL U.S. AND EUROPEAN INVESTORS.

* PLACEMENT WILL RESULT IN THE ISSUANCE OF 9 563 732 NEW COMMON SHARES

* THE PURCHASE PRICE PER EACH NEW COMMON SHARE ISSET AT €0.642

* COMPANY HAS AGREED NOT TO PURSUE ANY NEW CAPITAL INCREASE UNTIL JULY 31, 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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