Brief: Initiator Pharma Resolves On Rights Issue Of SEK 56 Mln

Initiator Pharma A/S

19/05/2025 06:53

May 19 (Reuters) - Initiator Pharma A/S INIT.ST:

THE BOARD OF DIRECTORS OF INITIATOR PHARMA A/S RESOLVES ON A RIGHTS ISSUE AMOUNTING TO SEK 56M

SUBSCRIPTION RIGHTS ALLOCATED, PRICE SET AT 4.0 SEK PER SHARE

NET PROCEEDS FROM RIGHTS ISSUE ARE EXPECTED TO FINANCE INITIATOR WELL INTO 2027

GUARANTEE UNDERTAKINGS TOTAL SEK 33 MILLION, 59% OF RIGHTS ISSUE

Source text: ID:nMFNlnYfF

Further company coverage: INIT.ST

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