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Home > News > pSivida Closes ADR PIPE after Raising US$4.2 Million

August 24th, 2005

pSivida Closes ADR PIPE after Raising US$4.2 Million

Abstract:
Global nanotechnology company pSivida Limited (NASDAQ:PSDV, ASX:PSD, Xetra:PSI) today announced it has raised US$4.2 million (AU$5.6 million) before costs via the private placement of 650,000 American Depository Receipts (ADRs) to predominantly US investors at US$6.50 each (AU$8.61). Each ADR represents 10 ordinary shares.

Source:
genengnews.com

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