Bora Pharmaceuticals USA Inc. announced a private placement to issue 1,000,000,000 shares at a price of $1 per share for gross proceeds of $1,000,000,000 on March 29, 2024. The transaction will include participation from returning investor, Bora Pharmaceuticals Co., LTD. The transaction has been approved by the board of directors of the company.
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- Bora Pharmaceuticals USA Inc. announced that it expects to receive $1 billion in funding from Bora Pharmaceuticals Co., LTD.