Published: 19. October, 2022
DKK 18.3 MILLION CAPITAL RAISE THROUGH A 80% GUARANTEED RIGHTS ISSUE TO FINANCE PIVOTAL…
DKK 18.3 MILLION CAPITAL RAISE THROUGH A 80% GUARANTEED RIGHTS ISSUE TO FINANCE PIVOTAL DEVELOPMENT OF CT001
The Board of Directors of Cessatech A/S has today resolved to carry out a share issue with preferential rights for the Company’s existing shareholders including warrants (the “Rights Issue” or the “Offering”). Upon full subscription of the Rights Issue, the Company will receive approx. DKK 18.3 million and upon full exercise of the warrants, the Company will receive up to an additional approx. DKK 27.5 million before costs related to the Offering. The proceeds from the Offering will be applied to the continued development of CT001, including the preparations for the 0202 study and CT001’s regulatory submission.