Business
AlzeCure's Rights Issue Oversubscribed, And the Company Resolves on A Directed Share Issue Under the Framework of An Overallotment Option
THIS PRESS RELEASE MAY NOT BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES, BELARUS, RUSSIA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION ...
About this update from Alzecure Pharma Ab
[{"type":"text","content":"THIS PRESS RELEASE MAY NOT BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES, BELARUS, RUSSIA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION WHERE SUCH ACTION IS SUBJECT IN WHOLE OR IN PART TO LEGAL RESTRICTIONS. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO ACQUIRE SECURITIES IN ALZECURE. SEE ALSO THE "IMPORTANT INFORMATION" SECTION BELOW.","length":468,"tagName":"p"},{"type":"text","content":"STOCKHOLM, SE / ACCESS Newswire / July 24, 2025 / AlzeCure Pharma (STO:ALZCUR)(FRA:AC6) - AlzeCure Pharma AB ("AlzeCure" or the "Company"), a pharmaceutical company that develops candidate drugs for diseases affecting the nervous system, focusing on Alzheimer's disease and pain, today announced the final outcome of the new share issue with preferential rights for shareholders (the "Rights Issue") that closed on July 22, 2025. The rights issue was subscribed to 212 per cent and thus oversubscribed. As a result, the Company's Board of Directors has resolved to extend the Rights Issue by exercising the over-allotment option of SEK 10 million which also is fully subscribed. AlzeCure will thus receive approximately SEK 58.5 million before issue costs.","length":794,"tagName":"p"},{"type":"text","content":"The subscription period for the Rights Issue expired on July 22, 2025 and the final summary shows that 19,666,132 shares, corresponding to approximately 89 percent, were subscribed for through subscription rights. In addition, 27,171,095 additional shares were subscribed for without subscription rights. The total subscription level amounted to approximately 212 per cent of the size of the Rights Issue. The Board of Directors of the Company has also decided to exercise the option to expand the Rights Issue with the over-allotment option as disclosed in the information material, which means that AlzeCure issues 22,073,800 new shares in the Rights Issue and 4,545,455 additional new shares after exercising the over-allotment option, a total of 26,619,255 new shares. AlzeCure will thus receive approximately 58.5 MSEK before issue costs. No remuneration has been given to any participants in the issue.","length":908,"tagName":"p"},{"type":"text","content":"Notification of allocation of sh...