other material
confidence high
sentiment neutral
materiality 0.60
BriaCell closes $4M strategic investment by Prevail Partners at $8.63/share
BriaCell Therapeutics Corp.
- Issued 463,408 common shares to Prevail Partners for aggregate gross proceeds of $4 million.
- Price per share was US$8.63; TSX approved the transaction on May 18, 2023.
- Proceeds to fund CRO clinical services and technologies for upcoming pivotal study in advanced metastatic breast cancer.
- Shares subject to four-month-and-one-day hold period under Canadian securities laws.
- Prevail Partners' affiliate, Prevail InfoWorks, will provide clinical services and real-time data analytics platform.