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Theraclion raises €4.2M via private placement

Theraclion S.A.S. raised €4.2 million via the sale of 989,113 shares at €4.22 apiece.

Shares sold represent 15.2% of the company and help raise funds to advance the company's commercial efforts in Germany, Hong Kong and elsewhere.

Independent of the placement, Truffle Capital off-loaded 349,302 Theraclion shares that it owned to other institutional investors through block sales.