Brief: Alzinova Carries Out 95 Percent Guaranteed Rights Issue Of Units Of About SEK 50 Mln

Alzinova AB

18/09/2020 07:37

Sept 18 (Reuters) - Alzinova AB  ALZ.ST :
    * ALZINOVA CARRIES OUT A 95 PERCENT GUARANTEED RIGHTS ISSUE
OF
UNITS OF APPROXIMATELY SEK 50 MILLION TO FINANCE THE CLINICAL
DEVELOPMENT OF ALZ-101
    * DECIDED TO CARRY OUT A RIGHTS ISSUE OF UNITS CONSISTING OF
SHARES AND WARRANTS WITH PREFERENTIAL RIGHTS FOR CO'S EXISTING
SHAREHOLDERS
    * UPON FULL EXERCISE OF WARRANTS, CO WILL RECEIVE AN
ADDITIONAL
SEK 25-42 MILLION (DEPENDING ON FINAL EXERCISE PRICE AND
ASSUMING FULL SUBSCRIPTION)
    * SUBSCRIPTION PRICE: SEK 6,5 PER UNIT, CORRESPONDING TO SEK
6,5
PER SHARE
    * SUBSCRIPTION OF UNITS SHALL TAKE PLACE DURING PERIOD FROM
AND
INCLUDING SEPTEMBER 30, 2020 TO AND INCLUDING OCTOBER 14, 2020

Source text for Eikon:  ID:nWkr8mslhH 
Further company coverage:  ALZ.ST 

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