Brief: Addex Establishes At-The-Market ADS Equity Sale Program

Addex Therapeutics

30/06/2021 06:02

June 30 (Reuters) - Addex Therapeutics Ltd  ADXN.S :
    * REG-ADDEX ESTABLISHES AT-THE-MARKET ADS EQUITY SALE
PROGRAM
    * COMPANY HAS ENTERED INTO A SALES AGREEMENT WITH CANTOR
FITZGERALD, TO OFFER AMERICAN DEPOSITARY SHARES (ADSS), EACH
REPRESENTING SIX SHARES WITH NO NOMINAL VALUE THROUGH AN
"AT--MARKET" (ATM) OFFERING PROGRAM
    * INTENDS TO USE NET PROCEEDS FROM ATM PROGRAM TO ADVANCE
DEVELOPMENT OF ITS PORTFOLIO OF PROPRIETARY ALLOSTERIC MODULATOR
DRUG CANDIDATES

Source text for Eikon:  ID:nGNE1nG9l9 
Further company coverage:  ADXN.S 

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