Brief: Alzinova Announces Preliminary Outcome Of The Rights Issue
BRIEF-Alzinova Announces Preliminary Outcome Of The Rights Issue Oct 7 (Reuters) - Alzinova AB ALZ.ST:
SAID ON TUESDAY ANNOUNCES THE PRELIMINARY OUTCOME OF THE RIGHTS ISSUE OF UNITS
PRELIMINARY OUTCOME INDICATES THAT 32,568,195 UNITS, CORRESPONDING TO ABOUT 80.4% OF THE RIGHTS ISSUE, HAVE BEEN SUBSCRIBED WITH AND WITHOUT THE SUPPORT OF UNIT RIGHTS
UNDERWRITING COMMITMENT IS NOT EXPECTED TO BE UTILIZED
RIGHTS ISSUE IS PRELIMINARILY EXPECTED TO PROVIDE THE COMPANY WITH PROCEEDS OF ABOUT SEK 41.0 MILLION BEFORE ISSUE COSTS
UPON FULL EXERCISE OF ALL WARRANTS OF SERIES TO5 AND TO6, THE COMPANY IS EXPECTED TO RECEIVE ADDITIONAL PROCEEDS OF UP TO ABOUT SEK 162.8 MILLION BEFORE ISSUE COSTS
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