CPOINT Capital Corp. Announces Changes to Holdings in Conavi Medical Corp.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 25 2025
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Source: Yahoo Finance
Acquisition Details: CPOINT Capital Corp. and its affiliate Juno Pharmaceuticals LP acquired 1,875,000 common shares of Conavi Medical Corp. for $750,000 as part of a public offering, increasing their total ownership to approximately 15.45% of the outstanding shares on a non-diluted basis.
Investment Intentions: The shares are held for investment purposes, with CPOINT and Juno indicating a long-term view and potential plans to acquire or sell additional securities based on market conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
