Brief: Bioextrax Proposes Private Placement, Rights Issue Of Units Of SEK 10 Mln
BRIEF-Bioextrax Proposes Private Placement, Rights Issue Of Units Of SEK 10 Mln Sept 18 (Reuters) - Bioextrax AB publ BIOEX.ST:
SAID ON THURSDAY IT PROPOSES CAPITAL RAISE TOTALLING ABOUT SEK 10 MLN
CAPITAL RAISE WILL BE CARRIED OUT THROUGH PRIVATE PLACEMENT OF UNITS OF ABOUT SEK 6 MLN AND OFFERING OF UNITS WITH PREEMPTIVE RIGHTS FOR EXISTING SHAREHOLDERS OF ABOUT 4 MSEK
MEMBERS OF BOARD OF DIRECTORS AND MANAGEMENT INTEND TO INVEST A TOTAL OF ABOUT SEK 1.3 MLN IN THE PRIVATE PLACEMENT
SAME SUBSCRIPTION PRICE OF 2.31 SEK PER UNIT IN BOTH OFFERINGS
SUBSCRIPTION PERIOD IS SCHEDULED FOR OCTOBER 14–28
Source text for Workspace: nMFN6LtkCw
Further company coverage: BIOEX.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Bioextrax AB publ
See all newsBrief: Bioextrax And LTU Application Approved By Wallenberg Wood Science Center
Brief: Bioextrax Proposes Private Placement, Rights Issue Of Units Of SEK 10 Mln
Brief: Bioextrax Q2 Operating Loss SEK 4.9 Mln
Brief: Bioextrax Files Patent Application For PHA Fermentation Process Using Molasses
Brief: Bioextrax Signs Framework Agreement With Chemical Company