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BRIEF-Tanvex BioPharma plans new issuance for working capital supplement
June 15, 2017 / 8:11 AM / 6 months ago

BRIEF-Tanvex BioPharma plans new issuance for working capital supplement

June 15 (Reuters) - Tanvex BioPharma Inc :

* Says it plans to issue about 23 million new shares of its common stock

* Says tentative issue price will be at T$106 per share

* 2.3 million new shares to be offered to the company’s employees and remaining shares will be offered through public offering

* Proceeds will be used to fulfill the working capital

Source text in Chinese: goo.gl/OjMRXD

Further company coverage: (Beijing Headline News)

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