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SoftOx Solutions Clarifies Financing Terms Amid Market Practices

Story Highlights
  • SoftOx Solutions develops pan-antimicrobial pharmaceuticals targeting various pathogens.
  • The company clarified standard transaction costs in its recent financing announcement.
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SoftOx Solutions Clarifies Financing Terms Amid Market Practices

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SoftOx Solutions AS ( (DE:6FV) ) has shared an announcement.

SoftOx Solutions AS clarified that the ‘placement commission on market terms’ mentioned in their recent stock exchange announcement refers to standard transaction costs for capital raising, not a special benefit to Long State Investments Limited. This announcement underscores the company’s ongoing efforts to secure financing through customary market practices, potentially impacting its financial strategy and stakeholder relations.

More about SoftOx Solutions AS

SoftOx Solutions AS is a clinical-stage pharmaceutical company listed on Euronext Growth Oslo. It develops pan-antimicrobial pharmaceuticals targeting bacteria, viruses, and fungi, leveraging research partnerships with leading Nordic institutes.

Average Trading Volume: 22,230,868

Current Market Cap: NOK187.7M

For a thorough assessment of 6FV stock, go to TipRanks’ Stock Analysis page.

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