Brief: Alligator Carries Out A Fully Guaranteed Rights Issue Of About SEK 86 Mln

Alligator Bioscience AB

15/12/2020 07:07

Dec 15 (Reuters) - Alligator Bioscience AB  ATORX.ST :
    * ALLIGATOR CARRIES OUT A FULLY GUARANTEED RIGHTS ISSUE OF
APPROXIMATELY SEK 86M
    * SUBSCRIPTION PRICE: SEK 6.0 PER SHARE
    * SUBSCRIPTION UNDERTAKINGS AMOUNT TO APPROXIMATELY SEK 12.6
MILLION, CORRESPONDING TO APPROXIMATELY 15 PERCENT OF RIGHTS
ISSUE
    * HAS PROCURED GUARANTEE COMMITMENTS OF ABOUT SEK 73
MILLION,
WHICH SECURES RIGHTS ISSUE TO 100%
    * ALLIGATOR WILL USE ISSUE PROCEEDS FROM RIGHTS ISSUE TO
START AND
RUN PHASE II STUDIES FOR MITAZALIMAB AS WELL AS COMPLETE PHASE I
STUDIES AND BEGIN WORK ON PHASE II STUDIES FOR ATOR-1017

Source text for Eikon:  ID:nWkr5zGqtH 
Further company coverage:  ATORX.ST 

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