Picture of Prostatype Genomics AB logo

PROGEN Prostatype Genomics AB News Story

0.000.00%
se flag iconLast trade - 00:00
HealthcareHighly SpeculativeMicro CapSucker Stock

Brief: Prostatype Genomics Resolves On Rights Issue To Raise About SEK 47.4 Mln

BRIEF-Prostatype Genomics Resolves On Rights Issue To Raise About SEK 47.4 Mln

- Prostatype Genomics AB PROGEN.ST:

  • SAID ON MONDAY RESOLVES ON RIGHTS ISSUE OF UNITS TO RAISE ABOUT SEK 47.4 MILLION BEFORE TRANSACTION COSTS

  • SUBSCRIPTION PRICE SET AT SEK 0.80 PER UNIT, EQUIVALENT TO SEK 0.10 PER SHARE

  • RIGHTS ISSUE IS SECURED TO ABOUT 70 PERCENT VIA SUBSCRIPTION AND UNDERWRITING COMMITMENTS OF ABOUT SEK 33.15 MILLION

  • SAYS FULL EXERCISE OF TO6 AND TO7 WARRANTS COULD PROVIDE ADDITIONAL PROCEEDS OF ABOUT SEK 59.2 MILLION

  • SUBSCRIPTION PERIOD TO RUN FROM JULY 9 UP TO AND INCLUDING JULY 23, 2026

  • PLANS TO USE NET PROCEEDS TO FINANCE MEDICARE REIMBURSEMENT APPROVAL PROCESS AND COMMERCIALIZATION IN US AND EUROPE




Source text for Workspace: nMFN8zFpR5
Further company coverage: PROGEN.ST


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Prostatype Genomics AB

See all news