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Circio Holding ASA Announces Share Capital Increase Following Bond Conversion

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Circio Holding ASA Announces Share Capital Increase Following Bond Conversion

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Targovax ASA ( (GB:0RIS) ) has shared an announcement.

Circio Holding ASA has announced a share capital increase following the conversion of convertible bonds by Atlas Special Opportunities, LLC, bringing the new share capital to NOK 61,345,650. This development signifies a strategic financial move that could bolster Circio’s position in the biotechnology sector, particularly as it continues to innovate in nucleic acid and viral therapeutics through its circVec platform and immuno-oncology program.

More about Targovax ASA

Circio Holding ASA is a biotechnology company specializing in the development of circular RNA vector expression technology aimed at advancing gene and cell therapies. The company has created a unique platform, circVec, which enhances protein expression significantly compared to traditional mRNA systems. Circio is also working on its immuno-oncology program, TG01, targeting RAS-mutated cancers through collaborations and clinical trials in Norway and the USA.

Average Trading Volume: 1,387,486

Current Market Cap: NOK63.8M

See more insights into 0RIS stock on TipRanks’ Stock Analysis page.

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