Brief: Active Biotech Announces Rights Issue Of SEK 51 Mln

Active Biotech AB publ

09/11/2023 08:45

Nov 9 (Reuters) - Active Biotech AB publ  ACTI.ST :
    * ANNOUNCES A RIGHTS ISSUE OF APPROXIMATELY SEK 51 MILLION
    * NOT MORE THAN 113,633,436 NEW SHARES ARE ISSUED THROUGH
RIGHTS
ISSUE
    * SUBSCRIPTION PRICE AMOUNTS TO SEK 0.45 PER SHARE
    * PROCEEDS TO PROVIDE COMPANY WITH FINANCIAL STABILITY
NEEDED TO
PURSUE PLANNED CLINICAL RESEARCH ACTIVITIES
    * SUBSCRIPTION FOR NEW SHARES SHALL BE MADE DURING PERIOD 20
NOVEMBER - 4 DECEMBER 2023

Source text for Eikon:  ID:nMFN2X5Myr 
Further company coverage:  ACTI.ST 

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