other material
confidence high
sentiment neutral
materiality 0.70
Liquidia closes $26M equity raises: public offering $25M, CEO private placement $1M
Liquidia Corp
- Closed public offering of 3,491,620 shares at $7.16 for gross proceeds of approx. $25M.
- Closed private placement to CEO Roger Jeffs of 139,665 shares at $7.16 for $1M.
- Both transactions closed on Dec. 14, 2023; shares issued at $7.16 per share.
- Private shares are restricted securities exempt from registration under Section 4(a)(2).
- Offering structured as underwritten public offering with BofA Securities as representative.