Saniona: A Lot to Digest
Yesterday's massive directed equity issue anchored by high-quality investors makes Saniona a different company, starting from yesterday. The proceeds secure the necessary financing of the company's next strategic phase. The discount for the new entrants, however, was remarkable. Following the directed issue, Redeye updates its fair values indicatively.
In this note, Redeye also discusses the latest phase III results in the PWS community.