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Mesoblast Ltd  (MESO)
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 MESO $3.9300 $1.7300 78.64%

 Volume (M): 69,182   Open : 2.82    52 Wk Avg :  2.27

 
 MESO $3.9300 $1.7300 78.64%

 Volume (M): 69,182   Open : 2.82    52 Wk Avg :  2.27




MESO Today's High: $4.16 MESO Shares One Week Perf: 70.13 %
MESO Today's Low: $ 2.68 MESO Shares 30 Day Performance: 91.89 %
Number of MESO Shares Traded (M): 69,182 MESO Share Price 52 Wk High: $ 5.12
Value of MESO's Shares Traded (M$): $ 271,886 MESO Share Price 52 Wk Avg: $2.27
Share Price at the Open: $2.82 MESO's Share Price 52 Wk Low: $0.97



  News about Mesoblast Ltd's Stock Splits and Dividends

Mesoblast Raises A$97 Million in Successful Entitlement Offer and Institutional Placement



Mesoblast Limited, a global leader in allogeneic cellular medicines for inflammatory diseases, has recently announced the successful completion of its pro-rata accelerated non-renounceable entitlement offer. The offer, launched on December 4, 2023, along with an institutional placement, has generated gross proceeds of A$97 million, including a significant A$36.7 million commitment from existing major shareholders. This substantial capital injection positions Mesoblast favorably to advance its innovative therapies and strengthen its foothold in the industry.
Expanding Investment Opportunities:
Mesoblast's achievement in securing firm commitments for its entitlement offer and institutional placement highlights the confidence investors have in the company's cutting-edge cellular medicine approach. With a focus on developing treatments for inflammatory diseases, Mesoblast is well-positioned to capitalize on the growing demand in this therapeutic area. The successful capital raising not only enables the company to bolster its research and development efforts but also signals a positive outlook for the broader field of allogeneic cellular medicines.





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