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SoftOx Solutions AS Initiates Share Issuance Under Financing Agreement

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SoftOx Solutions AS Initiates Share Issuance Under Financing Agreement

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An update from SoftOx Solutions AS ( (DE:6FV) ) is now available.

SoftOx Solutions AS has announced a decision by its board of directors to issue up to 60 million shares under a financing facility with Long State Investments Limited. This move initiates a 10-day pricing period, with the subscription price primarily based on the VWAP of the company’s shares, and aims to secure investment through a private placement, potentially impacting the company’s financial standing and market operations.

More about SoftOx Solutions AS

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

YTD Price Performance: 592.86%

Average Trading Volume: 20,940,786

Current Market Cap: NOK220.1M

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

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