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XLV - Tracon Pharma to raise additional $5M via private placement
SPDR Select Sector Fund - Health Care
Through a private placement of common stock and pre-funded warrants, Tracon Pharmaceuticals (NASDAQ:TCON)-2.8% PM, entered into an additional definitive securities purchase agreement with multiple institutional health care focused funds to raise aggregate gross proceeds of ~$5M by selling ~3M shares for $1.67/share.
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