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Published on 11/25/2008 in the Prospect News PIPE Daily.

New Issue: ReGen Therapeutics announces £2 million equity financing facility

By Devika Patel

Knoxville, Tenn., Nov. 25 - ReGen Therapeutics plc said it arranged a £2 million committed equity financing facility with Duke Holdings Corp. Ltd.

Duke subscribed for 350,000 new ordinary shares at 5.5p per share on Nov. 4.

Proceeds will be used as working capital.

ReGen Therapeutics is a London biotechnology company.

Issuer:ReGen Therapeutics plc
Issue:Committed equity financing facility
Amount:£2 million
Warrants:No
Investor:Duke Holdings Corp. Ltd.
Announcement date:Nov. 25
Settlement date:Nov. 4 (for £19,250)
Stock symbol:London: RGT
Stock price:8.75p at close Nov. 4

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