Brief: Brain+ Announces Rights Issue Of Units

Brain+ A/S

07/05/2024 09:07

May 7 (Reuters) - Brain+ A/S  BRAINP.CO :
    * BRAIN+ A/S - ANNOUNCE A PARTIALLY SECURED RIGHTS ISSUE OF
UNITS
OF APPROXIMATELY DKK 8.94 MILLION
    * RIGHTS ISSUE OF UNITS TO FUND OPERATIONS AND EXECUTION OF
ITS UK
COMMERCIALIZATION PLAN
    * SUBSCRIPTION PRICE IS DKK 0.88 PER UNIT WHICH CORRESPONDS
TO A
SUBSCRIPTION PRICE PER NEW SHARE OF DKK 0.08
    * OFFER CONSISTS OF 10,161,031 UNITS
    * EACH UNIT INCLUDES ELEVEN NEW SHARES IN BRAIN+ AND NINE
WARRANTS
OF SERIES TO 4, EXERCISABLE IN SEPTEMBER 2024

Source text for Eikon:  ID:nWkr4DrJdT 
Further company coverage:  BRAINP.CO 

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