NasdaqGS:MGTXBiotechs
MeiraGTx Holdings (MGTX) Is Up 8.5% After Securing US$425M In New Funding Pathways – Has The Bull Case Changed?
MeiraGTx Holdings plc recently entered into a private placement agreement to issue 2,376,426 ordinary shares at US$10.52 each for US$25,000,000 in gross proceeds, with closing of the initial sale having occurred in the past on July 17, 2026, and investors retaining the option to purchase up to an additional US$15,000,000 in shares under Regulation D.
Alongside a separate agreement for up to US$400,000,000 in funding from Oberland Capital, this mix of non-dilutive royalties and new equity...