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Live News EQUITY ARTICLE M impact

Valion Bio raises $7.737 million via Series B/C preferred and warrants

Valion Bio entered a private placement letter agreement with 3i to issue Series B and Series C preferred shares with accompanying warrants for $7.737 million.

VBIO

Valion Bio entered into a private placement Letter Agreement with 3i to issue Series B and Series C preferred shares and accompanying warrants for $7.737 million.

Of the purchase price, $6.137 million will satisfy overdue true-up payments and $100,000 will cover 3i’s legal fees, with $1.5 million p…