SLDB Stock Flies on Private Placement Worth $60 Million

SLDB stock

SLDB stock is one of the biggest percentage gainers on the Nasdaq after Solid Biosciences Inc (NASDAQ:SLDB) announced a $60 million private placement with new and existing investors.

Solid Boost

Massachusetts-based Solid Biosciences Inc made a major announcement today about a capital raise. The company stated that it is going to make a private placement of its stock worth $60 million, and it has already reached a security purchase agreement with investors as well as qualified institutional investors.

The whole process is going to close on July 30, and it goes without saying that ...

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