Brief: Pixium Vision Announces A Capital Increase Of Around 8 Million Euros

Pixium Vision SA

13/07/2021 12:32

July 13 (Reuters) - PIXIUM VISION SA  ALPIX.PA :
    * ANNOUNCES A CAPITAL INCREASE OF APPROXIMATELY €8 MILLION
THROUGH
A PRIVATE PLACEMENT
    * NET PROCEEDS EXPECTED FROM THE CAPITAL INCREASE, WHICH
AMOUNT TO
APPROXIMATELY €7,376 MILLION, ARE INTENDED TO PROVIDE COMPANY
WITH ADDITIONAL RESOURCES TO CONTINUE CLINICAL DEVELOPMENT OF
ITS PRIMA SYSTEM 
    * BASED ON ITS FORECASTED EXPENSES AND CASH BALANCE OF
€10.13
MILLION AS AT JUNE 30, 2021 AS WELL AS NET PROCEEDS OF CAPITAL
INCREASE, COMPANY BELIEVES THAT IT IS ABLE TO FINANCE ITS
OPERATIONS UNTIL END OF 2022

Source text for Eikon:  ID:nGNE8LPD93 
Further company coverage:  ALPIX.PA 

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