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SoftOx Solutions Secures Funding Through Share Issuance

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SoftOx Solutions Secures Funding Through Share Issuance

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

SoftOx Solutions AS has announced the issuance of 15 million shares as part of a financing agreement with Long State Investments Limited, aiming to secure necessary funding. The board decided to waive shareholders’ preferential rights to expedite the process, concluding that a subsequent offering would not be cost-effective.

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 targeting bacteria, viruses, and fungi. The company collaborates with leading Nordic research institutes for its research and development efforts.

YTD Price Performance: 614.29%

Average Trading Volume: 22,026,287

Current Market Cap: NOK235.2M

For detailed information about 6FV stock, go to TipRanks’ Stock Analysis page.

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