03:55 PM EST - Aeterna Zentaris Inc. : announced that it has received commitments from institutional investors to purchase $12.1 million U.S. of securities in a registered direct offering. The company will sell to such institutional investors an aggregate of approximately 8.8 million common shares of its capital at a price of $1.3725 U.S. per share and issue warrants to acquire an aggregate of approximately 4.4 million common shares at an exercise price of $1.3725 U.S. per share. Aeterna Zentaris Inc.
shares T.AEZ are trading down $0.12 at $1.24.
