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SoftOx Secures Flexible Financing Facility with Long State Investments

Story Highlights
  • SoftOx Solutions AS secures a NOK 50 million financing facility with Long State Investments.
  • The facility provides financial flexibility for SoftOx’s clinical trials and growth.
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SoftOx Secures Flexible Financing Facility with Long State Investments

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SoftOx Solutions AS ( (DE:6FV) ) just unveiled an update.

SoftOx Solutions AS has secured a financing facility with Long State Investments Limited, providing up to NOK 50 million over 24 months, with an option to extend to NOK 80 million over 36 months. This agreement offers SoftOx financial flexibility to support its clinical trials and growth, allowing the company to raise capital as needed while maintaining control over timing and pricing. The facility ensures a stable financial platform for SoftOx’s development without restricting other financing options.

More about SoftOx Solutions AS

SoftOx Solutions AS is a clinical-stage pharmaceutical company listed on Euronext Growth Oslo, specializing in developing pan-antimicrobial pharmaceuticals targeting bacteria, viruses, and fungi. The company’s technology is developed in collaboration with leading Nordic research institutes.

YTD Price Performance: 614.29%

Average Trading Volume: 22,026,287

Current Market Cap: NOK235.2M

Find detailed analytics on 6FV stock on TipRanks’ Stock Analysis page.

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