Longeveron (LGVN) Shares Surge On $30 Million Private Placement Deal

Longeveron Inc (NASDAQ:LGVN) shares are trading sharply higher on Tuesday afternoon following the announcement of a private placement agreement worth up to $30 million. Here’s what investors need to know.

Longeveron stock is charging ahead with explosive momentum. What’s fueling LGVN momentum?

Longeveron Raises $15M To Advance Laromestrocel Therapy

The clinical-stage biotech company, which specializes in cellular therapies for rare pediatric and aging-related conditions, secured the funding to advance its lead candidate, laromestrocel.

The financing is structured in two tranches. The initial closing, expected around Wednesday, will provide $15 million in gross proceeds. This tranche was led by Coastlands Capital ...

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Longeveron (LGVN) Shares Surge On $30 Million Private Placement Deal

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