On October 23, 2020 Neptune Wellness Solutions Inc., a health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, closed its previously announced private placement with certain healthcare-focused institutional investors.
The Company issued 16,203,700 common shares and 10,532,401 warrants to purchase 10,532,401 common shares. The offering price was US$2.16 per share for gross proceeds of approx US$35 million before deducting fees and other offering expenses (the "Private Placement").
Fasken advised for Neptune Wellness Solutions Inc. with a Corporate Finance team led by Krisztian Toth and including Peter Villani and Oleg Stratiev.
The Company issued 16,203,700 common shares and 10,532,401 warrants to purchase 10,532,401 common shares. The offering price was US$2.16 per share for gross proceeds of approx US$35 million before deducting fees and other offering expenses (the "Private Placement").
Fasken advised for Neptune Wellness Solutions Inc. with a Corporate Finance team led by Krisztian Toth and including Peter Villani and Oleg Stratiev.
Jurisdiction
- Ontario
