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The Markets
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Pharma & Biotech

Aion Therapeutics closes private placing

Aion Therapeutic Inc. (CSE:AION) confirmed in a statement that it has closed its previously announced non-brokered private placement – issuing 42.75 million stock units comprising one common share and one half share warrant.

The units were sold to investors at 1 cent per unit, raising a total of $427,500 which is earmarked for ‘general working capital purposes’.

Aion Therapeutic describes itself as a forward-thinking business in the health and wellness sector, with a diverse portfolio of intellectual property.

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