Inventiva Secures 130M Debt, $120M Equity, Optimizes Capital

Inventiva announced a comprehensive capital structure optimization, including new debt financing, an equity offering, and warrant repurchases. The company secured up to 130 million in committed debt financing from BlackRock and Claret Capital Partners, replacing its existing EIB loan and extending maturity to 2030. Additionally, Inventiva priced an underwritten offering of $120 million in American Depositary Shares and agreed to repurchase 60% of existing EIB warrants at a 40% discount, simplifying its capital structure. These actions extend the cash runway into early Q1 2028 and position the company for its anticipated Phase 3 readout in Q4 2026.