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Cartesian Therapeutics Announces $130 Million Private Placement Equity Financing
Contract Type
partnership
Description
Cartesian Therapeutics, Inc. has entered into a securities purchase agreement for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds of approximately $130.0 million to the Company. The financing included participation from both new and existing investors, including HBM Healthcare Investments (Cayman) Ltd., Invus, Schooner Capital, Surveyor Capital, Timothy A. Springer, Ph.D., and other institutional investors.