Quotient Ltd

NASDAQ:QTNT   3:59:44 PM EDT
4.00
-0.35 (-8.05%)
Debt Financing / Related, Equity Financing / Related

Quotient Limited Announces New $95 Million Financing Led By Highbridge

Published: 05/24/2021 12:30 GMT
Quotient Ltd (QTNT) - Quotient Limited Announces New $95 Million Financing Led by Highbridge.
Quotient - to Sell New 4.75% Convertible Senior Notes Due 2026 in Private Offering to Institutional Investors, Including Funds Managed by Highbridge.
Quotient - to Use Proceeds for Development of Multimodal, Multiplexing Mosaiq Platform, Prepare for Commercial Launch, General Corporate Needs.
Quotient Ltd - May Issue Up to an Additional $15.0 Million of Notes in One Or More Subsequent Offerings.