February 28, 2018 / 5:12 PM / in 8 months

BRIEF-Neovacs Raises 1 Million Euros In Private Placement And 3.8 Million Euros By Issue Of Convertible Bonds‍​

Feb 28 (Reuters) - NEOVACS SA:

* RAISES EUR 1 MILLION IN PRIVATE PLACEMENT AND EUR 3.8 MILLION IN CONVERTIBLE BONDS ISSUE‍​

* CONVERTIBLE BONDS’ MATURITY DATE FEB 26, 2020‍​

* BONDS SUBSCRIBED BY 3 EUROPEAN INVESTORS, PRIVATE PLACEMENT SUBSCRIBED BY 2 FRENCH INSTITUTIONAL INVESTORS

* PHASE IIB CLINICAL TRIAL OF IFNA KINOIDE LUPUS TREATMENT EXPECTED IN JUNE 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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