Dicot Pharma

First quarter, January-March 2026

• Net sales amounted to SEK 0.0 (0.0) million
• Earnings after financial items amounted to SEK -14.8 (-22.9) million
• Earnings per share amounted to SEK -0.01 (-0.01)

” Financing the next stage of development has been an important area of focus in recent months, and we have now launched plans for a rights issue with an already secured amount of SEK 168 million. This corresponds to a fully funded phase 2b and a continued value creation in line with our clinical and strategic agenda”, comments Elin Trampe, CEO.

Significant events during the quarter

• Dicot Pharma was invited to investment bank Oppenheimer & Co. Inc.'s annual Healthcare Life Sciences Conference in February to present the company and LIB-01. The conference attracts strong institutional interest. Attendance was by invitation only.
• In March the company announced that a tablet formulation of LIB-01 with favorable pharmacological characteristics and stability for use in clinical studies has been successfully developed from a previous oral formulation, and that manufacturing of tablets for the phase 2b study had begun.

Significant events after the quarter

• On April 28, it was announced that the Board of Directors of Dicot Pharma intends to resolve on a rights issue of units totaling approximately SEK 210 million before transaction costs to finance the planned phase 2b study with LIB-01.
  
  The issue is 80 percent secured through subscription undertakings and guarantee commitments from existing shareholders, as well as guarantee commitments from Schonfeld Global Master Fund LP, Anavio Capital Partners LLP, and Vator Securities. This corresponds to an amount of approximately SEK 168 million, which secures the financing for the clincal phase 2b study.
  
  The Board has concluded that a rights offering that prioritizes existing shareholders while also providing external investors with the opportunity to invest via guarantee commitments is preferable from a shareholder perspective and to further increase value ahead of expected out-licensing and partnerships. A resolution on the issue is intended to be made around May 8, pursuant to the authorization proposed to the Annual General Meeting on May 6, 2026.

The interim report will be presented by CEO Elin Trampe and CFO Björn Petersson in a broadcast from Direkt Studio today April 30 at 09.00 a.m. CEST. The broadcast will be available at https://www.dicotpharma.com/en/media/films/ and can also be viewed later.