Brief: Cyxone Executes Rights Issue Of SEK 66.9 Mln Secured To 91 Percent

Cyxone AB

21/12/2021 08:03

Dec 21 (Reuters) - Cyxone AB  CYXO.ST :
    * CYXONE EXECUTES A RIGHTS ISSUE OF SEK 66.9 MILLION SECURED
TO 91
% AHEAD OF THE PHASE 2B STUDY IN RA
    * PROCEEDS FROM RIGHTS ISSUE WILL ENABLE US TO IMPLEMENT
NEXT
IMPORTANT STEPS IN DEVELOPMENT OF CYXONE'S NEW TREATMENT FOR
RHEUMATOID ARTHRITIS (RA)
    * SUBSCRIPTION PRICE IS SEK 1.75 PER SHARE
    * SUBSCRIPTION PERIOD RUNS DURING 3 JANUARY - 21 JANUARY
2022
    * CYXONE, PROVIDED THAT RIGHTS ISSUE IS FULLY SUBSCRIBED,
WILL
RECEIVE APPROXIMATELY SEK 66.9 MILLION BEFORE ISSUE COSTS
    * THROUGH RIGHTS ISSUE, NUMBER OF SHARES IN CYXONE WILL
INCREASE
BY A MAXIMUM OF 38,206,233 SHARES

Source text for Eikon:  ID:nWkr6fjx7f 
Further company coverage:  CYXO.ST 

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