Brief: Modus Therapeutics Carries Out Rights Issue Of SEK 40.3 Mln

Modus Therapeutics Holding AB

08/11/2023 08:31

Nov 8 (Reuters) - Modus Therapeutics Holding AB
 MODTX.ST :
    * CONDUCTS A RIGHTS ISSUE OF 40.3 MSEK AND AN OFFSET ISSUE
OF 20.3
MSEK
    * RESOLVED TO CARRY OUT NEW ISSUE OF UP TO 20,125,060 SHARES
    * RESOLVED TO CARRY OUT DIRECTED ISSUE OF 10,156,569 SHARES
THROUGH OFFSETTING OF LOANS FROM KAROLINSKA DEVELOPMENT AB
    * RIGHTS ISSUE COVERED BY SUBSCRIPTION COMMITMENTS OF ABOUT
43.8
PERCENT
    * SUBSCRIPTION PRICE FOR SHARE IS 2.00 SEK (CORRESPONDS TO
30-DAY
VWAP WITH DISCOUNT OF 5.25 PERCENT)

Source text for Eikon:  ID:nMFN4yK6Rf 
Further company coverage:  MODTX.ST 

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