Alzinova raises SEK 44 million from fully subscribed rights issue
The rights issue reached 86.2 percent subscription without utilizing underwriting commitments.
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Clinical-stage biopharmaceutical company developing Alzheimer’s disease vaccines
alzinova.comLast updated
In short: Alzinova finalized seven US sites for Phase 2a ALZ-101 trial and raised SEK 44 million.
The rights issue reached 86.2 percent subscription without utilizing underwriting commitments.
The company raised 80.4 percent with SEK 41 million proceeds, triggering no underwriting commitment.
SEK 51M funds Phase II ALZ-101 study and diagnostics development. Subscription period ends October 6, 2026.
The SEK 51 million funding supports the start-up of ALZ-101 vaccine trials, with enrollment targeted for late 2026. Subscription runs until October 6.
The biotech company Alzinova is conducting a rights issue to finance phase two studies. The share falls over 47 percent in exchange trading.
The board of Alzinova decides on a rights issue of units of approximately 50 MSEK...
There are multiple different types of drugs available for the treatment of Alzheimer's disease: cholinesterase inhibitors to treat symptoms from mild to severe, and disease-modifying...
Alzinova ALZ -43.74%Today's development has in the rights issue received subscription commitments of approximately 3.8 million kronor and issue guarantees of approximately 26.3 million kronor, corresponding to a total of 100 percent...
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