Acasti Pharma raises $2 million in private placement - MarketLine Financial Deals

Acasti Pharma raises $2 million in private placement

Acasti Pharma raises $2 million in private placement - MarketLine Financial Deals
Acasti Pharma raises $2 million in private placement
Published Feb 13, 2012
3 pages — Published Feb 13, 2012
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Brief Excerpt:

...Acasti Pharma, Inc., a Canada-based developer of pharmaceutical and medical applications, has raised approximately CAD2 million ($2 million) through a private placement of capital stocks to its executive vice-president Harlan Waksal, and Neptune Technologies & Bioressources, Inc. Announcement (February 7, 2012): Acasti has agreed to raise approximately CAD2 million ($2 million) from Harlan Waksal and Neptune Technologies. Neptune Technologies has committed to purchase 0.75 million class A common shares in the capital of Acasti at CAD1.33 ($1.33) per share, for an aggregate consideration of approximately CAD1 million ($1 million). Harlan Waksal has committed to purchase 0.75 million units for an aggregate consideration of CAD1 million ($1 million). The 0.75 million units include: 0.75 million class A common shares in the capital of Acasti at CAD1.33 ($1.33) per share; and warrants to purchase 0.75 million additional shares. The warrants to purchase additional shares will be exercisable...

  
Source:
Document ID
MA98519_120216
Country
Ticker
NTB=CA
Ticker
APO=CA
Company
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Acasti Pharma raises $2 million in private placement" Feb 13, 2012. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Acasti-Pharma-raises-2-million-in-private-placement-2052-80510>
  
APA:
MarketLine Financial Deals. (2012). Acasti Pharma raises $2 million in private placement Feb 13, 2012. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Acasti-Pharma-raises-2-million-in-private-placement-2052-80510>
  
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