Brief: 2cureX To Carry Out Rights Issue Of Max. Around SEK 24.7 Mln

2cureX AB

24/04/2019 13:03

April 24 (Reuters) - 2cureX AB  2CUREX.ST :
    * 2CUREX DECIDES ON RIGHTS ISSUE PRIOR TO MARKET LAUNCH OF
INDITREAT®
    * RIGHTS ISSUE CAN PROVIDE A MAXIMUM OF APPROXIMATELY SEK
24.7
MILLION TO COMPANY BEFORE ISSUE COSTS
    * ISSUE PROCEEDS EXPECTED TO CARRY 2CUREX INTO POSITIVE CASH
FLOW,
WHICH IS EXPECTED TO BE REACHED AS EARLY AS 2021
    * HAS RECEIVED PRE-SUBSCRIPTION COMMITMENTS AND GUARANTEE
COMMITMENTS TOTALING APPROXIMATELY 79 PERCENT OF ISSUE VOLUME
    * SUBSCRIPTION PERIOD: 9-23 MAY 2019
    * SUBSCRIPTION PRICE: SEK 11.95 PER SHARE.
    * OFFER COMPRISES A MAXIMUM OF 2,070,000 SHARES,
CORRESPONDING TO
APPROXIMATELY SEK 24.7 MILLION

Source text for Eikon:  ID:nWkr7J5gGz 
Further company coverage:  2CUREX.ST 

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