Avalo Therapeutics Inc

:CERC  
1.80
-0.07 (-3.74%)
Debt Financing / Related

Cerecor Enters Into $35 Mln Debt Financing Agreement With Horizon Technology Finance

Published: 06/07/2021 11:18 GMT
(CERC) - Cerecor Enters Into $35 Million Debt Financing Agreement With Horizon Technology Finance.
Cerecor Inc - an Initial Tranche of $20 Million Drawn at Loan Closing.
Cerecor Inc - Financing Provides Flexibility and Extends Runway Through Multiple Clinical Catalysts Expected in 2021.
Cerecor Inc - Funds Ongoing Clinical Development of Key Investigational Product Candidates.
Cerecor Inc - Issued Horizon Warrants to Purchase Up to 403,844 of Its Common Shares at Exercise Price of $2.60 per Share.