Eleven raises $20M in private placement

Eleven Biotherapeutics Inc. (NASDAQ:EBIO) raised $20 million through the sale of 1.7 million shares at $11.47 in a private placement with undisclosed investors. The company also issued three-year warrants to purchase 871,840 shares at $15. Citigroup; Cowen; and Leerink were placement agents. In February, Eleven raised $57.5 million in an IPO. ...