Brief: Xbrane: Rights Issue Of Units Of About SEK 343 Million

Xbrane Biopharma AB

22/01/2024 07:03

Jan 22 (Reuters) - Xbrane Biopharma AB  XBRANE.ST :
    * XBRANE ANNOUNCES A RIGHTS ISSUE OF UNITS OF APPROXIMATELY
SEK
343 MILLION
    * UPON FULL EXERCISE OF WARRANTS OF SERIES TO1, XBRANE WILL
RECEIVE APPROXIMATELY UP TO AN ADDITIONAL SEK 78 MILLION
    * SUBSCRIPTION PRICE IS SEK 11.5 PER UNIT, CORRESPONDING TO
A
SUBSCRIPTION PRICE OF SEK 0.23 PER SHARE
    * EXERCISE PRICE OF WARRANTS OF SERIES TO1 WILL BE SEK 0.29
PER
WARRANT
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE IS EXPECTED TO RUN
FROM 28
FEBRUARY 2024, UP TO AND INCLUDING 13 MARCH 2024

Source text for Eikon:  ID:nMFN5Sh1RP 
Further company coverage:  XBRANE.ST 

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