Brief: Initiator Receives SEK 8.9 Mln Trough Exercise Of Warrants

Initiator Pharma A/S

17/12/2020 10:03

Dec 17 (Reuters) - Initiator Pharma A/S  INIT.TE :
    * INITIATOR PHARMA RECEIVES APPROXIMATELY 8.9 MSEK TROUGH
EXERCISE
OF WARRANTS OF SERIES TO 2
    * INITIATOR PHARMA WILL THUS RECEIVE A TOTAL OF
APPROXIMATELY SEK
8.9 MILLION BEFORE ISSUE COSTS
    * COMPANY'S CAPITAL NEED FOR YEAR 2021 HAS BEEN MET
    * TOTAL CAPITAL COMPANY HAS AS OF AFTER WARRANT EXERCISE
WILL
FINANCE OPERATIONS OF COMPANY AND COMPLETION OF ONGOING PHASE 2A
STUDY FOR IP2018.

Source text for Eikon:  ID:nWkr1dCG0W 
Further company coverage:  INIT.TE 

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