Brief: Neovacs Announces A Capital Rise Of EUR 1 Mln

Neovacs SA

21/12/2020 18:08

Dec 21 (Reuters) - NEOVACS SA  ALNEV.PA :
    * ANNOUNCES A CAPITAL RISE OF € 1 MILLION THROUGH THE
DRAWDOWN OF
1 TRANCHE OF CONVERTIBLE BONDS (OCEANE-BSA) , WITH A NOMINAL
VALUE OF 1,000 000 €
    * NET PROCEEDS OF THIS OPERATION (€970 K) WILL BE EARMARKED,
FOR
50%, TO FINANCE THE KINOID RESEARCH PROGRAMME ON ALLERGIES2 AND,
FOR 50%, TO STRENGTHEN INVESTMENT CAPACITIES IN PROMISING
PROJECTS, BOTH IN DEVELOPMENT OF DRUG CANDIDATES AND MEDICAL
DEVICES

Source text for Eikon:  ID:nACT66575 
Further company coverage:  ALNEV.PA 

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