Biotalys announces Closing of Private Placement

Barchart · 10/16 11:00

Ghent, BELGIUM, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Press Release

Regulated information

Biotalys NV (Euronext Brussel : BTLS) (the “Company” or “Biotalys”), an Agricultural Technology (AgTech) company developing protein-based biocontrol solutions for sustainable crop protection, today announced the closing of its previously announced private placement of 5,300,352 new shares (being approximately 16.5% of the Company’s shares outstanding prior to the transaction) at an issue price of EUR 2.83 per share representing a discount of 10% compared to the volume weighted average price of the Company’s share on Euronext Brussels during the period of 30 days from (and including) 11 September 2024 till (and including) 10 October 2024.

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