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Valeo Pharma Inc VPHIF

Healthcare
Valeo Pharma Inc. is a Canadian pharmaceutical company. The Company acquires, or in-licenses branded pharmaceuticals and hospital specialty products for sale in Canada. The Company is engaged in the commercialization of prescription products in Canada with a focus on respiratory/allergy, ophthalmology and hospital specialty products. Its respiratory/allergy products include Enerzair Breezhaler, Atectura Breezhaler and Allerject. The ophthalmology products include Xiidra and Simbrinza. Its specialty products include Redesca, Onstryv, M-Eslon, Yondelis and Ametop Gel 4%. The Company's wholly owned subsidiary is VPI Pharmaceuticals Inc.


GREY:VPHIF - Post by User

Valeo Pharma Inc > $10M Bought Deal Private Placement of Convertible Debentures
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Comment by CanadianJrson Nov 24, 2021 8:19am
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Post# 34160544

RE:$10M Bought Deal Private Placement of Convertible Debentures

RE:$10M Bought Deal Private Placement of Convertible DebenturesOnly good news out of that is the TSX up listing being mentioned. Other than that this just costed the company $4.8 million or more in interest over the next 4 years and about 10% dilution if they choose to convert the Debentures into common shares albeit at a higher valuation than the current stock price.
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