Neptune Wellness Solutions Inc.

09:57 AM EST - Neptune Wellness Solutions Inc. : Has completed a private placement with both existing and new institutional investors, led by Perceptive Advisors, resulting in gross proceeds to the Company of $41.4 million U.S. John Moretz, Chairman of the Board, and Michael Cammarata, President and CEO of Neptune, invested $5.0 million U.S. in the aggregate as part of this Offering. Upon closing of the Offering, the Company issued an aggregate of 9,415,910 common shares of the Company at a purchase price of $4.40 U.S. per Share. Neptune Wellness Solutions Inc.
shares T.NEPT are trading up $0.43 at $6.81.