Oblique Therapeutics announces conversion of mandatory convertibles
Convertibles of 15.8 MSEK are converted to 10.5 million new A-shares, increasing the number of shares to 56.2 million with 18.77% dilution.
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Biotech developing antibodies for pain and cancer
obliquet.comLast updated
In short: Oblique Therapeutics raised capital through several share and convertible debt issuances while advancing its AbiProt technology and R&D programs.
Convertibles of 15.8 MSEK are converted to 10.5 million new A-shares, increasing the number of shares to 56.2 million with 18.77% dilution.
The issue was subscribed to 95.4% of 14.5 MSEK. Convertibles are converted in 2026 to shares with 25.6% dilution.
The addition is approved by the Financial Supervisory Authority due to errors in the conversion rates. Investors can withdraw their subscription until 25 June 2025.
The reason is the delayed registration of the prospectus with the Financial Supervisory Authority. The terms are unchanged except for the maturity.
The recruitment represents a significant strategic addition to the company as it continues the development of its innovative drug platform within pain...
The board of directors of Oblique Therapeutics AB (publ) ("Oblique Therapeutics" or "the Company") announces that all convertibles issued within the framework of...
"We have carried out necessary and structural changes to optimize our capital use and at the same time ensure that we fully prioritize what has the greatest value creation...
Oblique Therapeutics has developed a patented technology, AbiProt®, with which one can identify areas on target proteins in the cell membrane where antibodies can bind. Information regarding these...
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