Q BioMed Insider to Invest up to $30M in the Company : compa

Q BioMed Insider to Invest up to $30M in the Company


Q BioMed Insider to Invest up to $30M in the Company
Aedesius Holdings Ltd. (AedesiusOne), a privately held global disruption aggregator, enters Into $30M Securities Purchase Agreement with Q BioMed
Up front investment of up to $20M with an optional $10M in 6 month warrants
Proceeds may be used for deploying contract sales force, advancing pipeline, redeeming outstanding convertible debt and convertible preferred shares and acquiring later-stage asset(s)
News provided by
Share this article
QBIO), announced today that it has signed a securities purchase agreement ("Transaction") with Aedesius Holdings Ltd (AedesiusOne), a privately owned United Kingdom based healthcare and technology aggregator. AedesiusOne is run by Geoffrey Fatzinger, our Global Head of Regulatory Affairs. The agreement gives AedesiusOne the opportunity to buy approximately 43% of the outstanding QBIO shares for an aggregate of $30,000,000. The Transaction is structured as an initial investment of $5,000,000 with an additional $15,000,000 by September 30, 2021 with 50% warrant coverage allowing an additional $10,000,000 investment within 120 days. The Unit Price is set at $1.25 per share, a 31% premium to yesterday's closing price. The investor is expected to ultimately take a seat on the Board.

Related Keywords

Germany , Canada , United Kingdom , German , Canadian , Geoff Fatzinger , Denis Corin , Geoffrey Fatzinger , Keith Pinder , Global Head Of Regulatory Affairs , Aedesius Holdings Ltd , Securities Exchange , Cq Biomed Inc , Sourceq Biomed Inc , Aedesius Holdings Ltd Aedesiusone , Global Head , Unit Price , Acute Respiratory Distress Syndrome , Abiomed Inc , Looking Statements , Securities Act , Securities Exchange Act , Biomed Media Contact , ஜெர்மனி , கனடா , ஒன்றுபட்டது கிஂக்டம் , ஜெர்மன் , கனடியன் , டெனிஸ் கோரின் , கேய்ட் பைண்டர் , உலகளாவிய தலை ஆஃப் ஒழுங்குமுறை வாழ்க்கைத்தொழில்கள் , பத்திரங்கள் பரிமாற்றம் , க்யூ பயோமெட் இன்க் , உலகளாவிய தலை , அலகு ப்ரைஸ் , எடுப்போசை சுவாச துன்பம் நோய்க்குறி , பயோமெட் இன்க் , பார்க்கிறது அறிக்கைகள் , பத்திரங்கள் நாடகம் , பத்திரங்கள் பரிமாற்றம் நாடகம் , பயோமெட் மீடியா தொடர்பு ,

© 2025 Vimarsana