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Belite Bio Announces Registered Direct Offering of $15 Million

Belite Bio Announces Registered Direct Offering of $15 Million

✨ Onyx Summary Belite Bio entered a registered direct offering with a single large existing institutional shareholder to sell 230,770 ADSs and accompanying five-year warrants for another 230,770 ADSs at $65 per unit, for gross proceeds of about $15M (with up to an additional ~$15M possible upon warrant exercise)