RAD 10.9% 4.1¢ radiopharm theranostics limited

Ann: Radiopharm Receives Strategic Investment for up to A$18 mill, page-2

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    ASX ANNOUNCEMENT
    20 June 2024
    Radiopharm Theranostics Limited
    Suite 1, Level 3, 62 Lygon Street, Carlton South VIC 3053 Australia
    ABN: 57 647 877 889
    Radiopharm Receives Strategic Investment for up to A$18 million
    • Lantheus has agreed to make an initial strategic equity investment of A$7.5 million in
    Radiopharm
    • Offer price for the shares of A$0.05 represents a 47% premium to the last closing
    price of $0.034 on 19 June 2024
    • Option for Lantheus to invest a further A$7.5m within 6 months on the same terms
    • Lantheus will also secure rights to two early preclinical assets in exchange for an
    A$3m upfront payment pursuant to a transfer and development agreement
 
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