Curasight
The subscription period in Curasight's rights issue begins today
Summary of the Rights Issue
- Each existing share in the Company, as of the record date on 22 February 2024, entitles the holder to one (1) subscription right. Seven (7) subscription rights entitle the holder to subscribe for one (1) new share at a subscription price of DKK 18 per share.
- The subscription period runs from 23 February 2024, up to and including 7 March 2024.
- The Company's management team, consisting of Ulrich Krasilnikoff (CEO and CFO), Andreas Kjær (CSO/CMO and co-founder) and Hanne Damgaard Jensen (CDO/COO), and members of the Company's Board of Directors, consisting of Per Falholt, Charlotte Vedel, and Kirsten Drejer, have committed to subscribe for shares in the rights issue for a total of approx. DKK 1.7 million, corresponding to 3.4 percent of the rights issue.
- The proceeds are intended to be used to strengthen the Company's capital structure and secure funding for the acceleration of clinical activities, including the preparation, planning and enrolment of the first patients in a therapy phase I/IIa basket trial in various cancer types (brain, neuroendocrine, head and neck, non-small cell lung and pancreatic cancer), as well as to strength Curasight's pipeline through development of new peptide-based radioligand therapies.
For complete terms and conditions for the Rights Issue, please refer to the information memorandum ("Information Memorandum") established by the Board of Directors in connection with the Rights Issue according to the rules of Spotlight Stock Market, and which was published on 22 February 2024. The Information Memorandum is available on the Company's, Nordic Issuing AB's and Redeye AB's respective websites (www.curasight.com, www.nordic-issuing.se, www.redeye.se). Subscription forms are available on the Company's, Nordic Issuing AB's, and Redeye AB's respective websites.
Timetable for the Rights Issue
21 February - 5 March 2024 | Trading in subscription rights |
23 February - 7 March 2024 | Subscription period |
23 February until the Rights Issue is registered with the Danish Business Authority | Trading in temporary shares |
Around 12 March 2024 | Estimated publication of the outcome in the Rights Issue |
Advisors
Redeye AB is acting as a financial advisor to Curasight. DLA Piper Denmark Advokatpartnerselskab is acting as the legal adviser of Curasight. VP Euronext Securities A/S is the Company's issuing agent and Nordic Issuing is acting as the settlement agent.
Datum | 2024-02-23, kl 08:35 |
Källa | Cision |