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Correvio nets $12.8mm via FOPO
30 Mar 2021
Executive Summary
Correvio Pharma Corp. netted $12.8mm through the follow on sale of 9.2mm common shares (including full exercise of the overallotment) at $1.50 each. The company will use the funds to file the NDA for IV Brinavess (vernakalant) for atrial fibrillation, for business development activties, and to meet the minimum liquidity requirements under its loan agreement with CRG.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Specialty Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- FOPO
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Correvio nets $12.8mm via FOPO
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