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Virax Biolabs raises $3.3M by exercising preferred options at a discounted price to fund operations.

Company Fundamentals
09 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

Virax Biolabs Group Limited announced the immediate exercise of preferred investment options to purchase 548,000 ordinary shares at a reduced price of $6.00 per share, down from $10.00. This move is expected to raise approximately $3.3 million before fees, with proceeds intended for general corporate purposes. The company also issued new unregistered warrants to purchase additional shares, contingent on shareholder approval to increase authorized shares. The offering is set to close around July 10, 2026, supporting Virax's ongoing development of immune profiling and diagnostic technologies.

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Travelzoo launches exclusive travel deals including all-inclusive Tulum, Tuscany cooking, and Hawaiian cruise offers.

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Japan reverses plan to control BOJ, reaffirming central bank independence amid market concerns.

Japan reverses plan to control BOJ, reaffirming central bank independence amid market concerns.

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New Jersey American Water launches summer camp to train Camden students in water industry careers

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AMLP ETF remains a buy for stable, high-yield exposure to North American energy infrastructure amid geopolitical risks.

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The Alerian MLP ETF (AMLP) is recommended as a buy due to its stable, high dividend yield of 7.5% and exposure to North American energy infrastructure. It benefits from long-term contracts that ensure steady earnings and avoids complex tax issues lik...

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