QBiotics raises AU$17.76 million from Sophisticated Investors

February 2020

Australian life sciences company, QBiotics Group Limited (QBiotics), has completed a share placement to Sophisticated Investors with a total of AU$17,756,150 raised. The Board authorised and approved the issue and allotment of 25,365,929 Shares at an issue price of AU$0.70 per Share to the subscribers under the Offer.