- Motif Bio has filed a shelf registration statement with the US Securities and Exchange Commission, which it said would provide it with more timely and efficient access to the US capital markets.

The registration, effective for up to three years, would allow the company to issue and sell up to an aggregate of $80m of shares, including American Depositary Shares, preference shares, warrants, subscription rights, debt securities and a combination of such securities.

The company said it currently had no specific plans to issue securities under the shelf registration.

At 8:02am: [LON:MTFB] Motif Bio Plc Ord 1p share price was -0.55p at 39.25p

Story provided by