Brief: Cyxone Raises SEK 1 Mln In A Second Directed Share Issue

Cyxone AB

17/09/2020 08:16

Sept 17 (Reuters) - Cyxone AB  CYXO.ST :
    * CYXONE RAISES SEK 1 MILLION IN A SECOND DIRECTED SHARE
ISSUE
UNDER THE AGREEMENT WITH DR KASK TO JOINTLY DEVELOP A NEW
TREATMENT OF COVID-19
    * RESOLVED ON A DIRECTED SHARE ISSUE OF 214,858 SHARES, WITH
A NET
PROCEED OF SEK 1 MILLION
    * CYXONE WILL RAISE ABOUT SEK 1 MILLION, AS ONE INVESTOR HAS
SUBSCRIBED FOR AND BEEN ALLOTTED 214,858 SHARES AT A PRICE PER
SHARE OF SEK 4.45, WHICH IS ON PAR WITH 100% OF VOLUME WEIGHTED
AVERAGE PRICE DURING A 10 DAY PERIOD BEFORE ENTERING INTO
AGREEMENT
    * SUBSCRIPTION PRICE IS 56.7 PERCENT OF SHARE CLOSING PRICE
ON
SEPTEMBER 16, 2020
    * BOARD OF DIRECTORS CONSIDERS SUBSCRIPTION PRICE AND OTHER
CONDITIONS FOR PRIVATE PLACEMENT TO BE ON MARKET TERMS

Source text for Eikon:  ID:nWkr9ZvpMg 
Further company coverage:  CYXO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))