Brief: Neovacs Announces A Capital Rise Of EUR 2 Mln

Neovacs SA

24/12/2020 07:08

Dec 24 (Reuters) - NEOVACS SA  ALNEV.PA :  
    * ANNOUNCED ON WEDNESDAY A CAPITAL RISE OF EUR 2 MILLION 
    * CAPITAL INCREASE THROUGH THE DRAWDOWN OF 1 TRANCHE OF
CONVERTIBLE BONDS (OCEANE-BSA), WITH A NOMINAL VALUE OF 1,000
000 €
    * ADDITIONAL DRAWDOWN OF 1 TRANCHE OF CONVERTIBLE
BONDS(ORNANE),
WITH A NOMINAL VALUE OF 1,000 000 €
    * NET PROCEEDS OF OPERATION (1,9 M€) WILL BE ALLOCATED, FOR
50%,
TO FINANCE KINOÏDE RESEARCH PROGRAMME ON ALLERGIES AND, FOR 50%,
TO STRENGTHEN INVESTMENT CAPACITIES IN PROMISING PROJECTS, BOTH
IN DEVELOPMENT OF DRUG CANDIDATES AND MEDICAL DEVICES

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nACT66595
    
 Further company coverage:  ALNEV.PA  
   
    
    

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