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GenSight Biologics Completes EUR1 Million Fundraising With Existing Shareholders
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01:49 AM EDT, 10/08/2026 (MT Newswires) -- GenSight Biologics (SIGHT.PA) raised 1 million euros from an offering of shares and warrants, including pre-funded warrants, to two existing shareholders, Heights Capital and Invus. The French clinical-stage biotechnology company issued 2,597,404 ordinary shares, 11,940,300 pre-funded warrants, and 14,537,704 warrants, with investors having the right to choose a combination of shares and warrants or pre-funded warrants and warrants in a 1:1 ratio, according to a Thursday release. The shares will begin trading on Euronext Paris on Oct. 12. Proceeds will be used for operating activities and working capital, pending the structural financing of the Recover phase III trial.
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