DiaGenic closes $11.9M placement

DiaGenic ASA (OSE:DIAG) raised NOK70 million ($11.9 million) through the sale of 140 million shares at NOK0.50 per share in a private placement to new and existing investors. DnB NOR Markets was manager for the placement. DiaGenic is planning a subsequent offering to raise up to NOK30 million ($5.1 million) through the sale of 60 million shares at NOK0.50 to shareholders who did not participate in the private placement. ...