CoGyn Pharmaceuticals, Inc (WSE:SP1) announced a private placement of 50,000,000 series O shares at PLN 0.20 per share for gross proceeds of PLN 10,000,000 on December 9, 2015. The shares to be issued have a par valu3e of PLN 0.10 per share. The transaction will include participation from one investor.

The company will pay transactions fees of PLN 1,230. The subscription will start and end of December 9, 2015.