Cyxone
Business Services · Ireland · 1-10 Employees
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Overview
Headquarters
21 Adelgatan, Dublin, South Dublin, 22, ...Phone Number
+46 708882172Website
www.cyxone.comRevenue
<$5 MillionIndustry
About Cyxone
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Cyxone News & Media
Cyxone AB publishes outcome of rights issue
The subscription period in Cyxone AB’s ("Cyxone" or the "Company") rights issue ended on 15 August 2024 (the "Rights Issue"). The Rights Issue was subscribed to a total of approximately 27.3 percent, including pre-subscription commitments. Cyxone will thus be provided proceeds of approximately SEK 6.3 million before deduction of transaction related costs. Subscription, allocation and payment The Rights Issue was subscribed to approximately SEK 6.3 million including pre-subscription commitments oThe subscription period in Cyxone’s rights issue starts today
Today, 1 August 2024, the subscription period in Cyxone AB’s ("Cyxone" or "the Company") issue of shares (the "Rights Issue") of a maximum of SEK 23 million, with preferential right for the Company's existing shareholders, begins. The purpose of the capital acquisition is primarily to finance development programs with exploratory studies with the drug candidate rabeximod for patients who do not respond well to TNFa inhibitors and to finance development of T20K. The subscription periodCyxone AB publishes investment memorandum
On 23 July 2024, the board of Cyxone AB (publ) ("Cyxone" or the "Company"), resolved to carry out a preferential rights issue of shares (the "Rights Issue"). Prior to the Rights Issue, Cyxone has prepared an investment memorandum containing information about the Company and the Rights Issue, which is now available via the Company's website (www.cyxone.com). The subscription period begins on 1 August 2024 and lasts until 15 August 2024. NOT FOR RELEASE, PUBLICATION ORThe board decides on a rights issue of a maximum of approximately SEK 23 million to finance continued development of rabeximod and T20K
The board of Cyxone AB (publ), corporate no. 559020-5471, ("Cyxone" or the "Company") has today resolved on a new issue of shares with preferential rights for the Company's existing shareholders for a total of approximately SEK 23 million before deductions for transaction costs (the "Rights Issue"). The decision has been made with the support of authorization from the annual general meeting in 2024. The purpose of the capital acquisition is primarily to finance development programs
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Frequently Asked Questions Regarding Cyxone
Cyxone AB (publ) (Nasdaq First North Growth Market: CYXO) develops disease modifying therapies for diseases such as rheumatoid arthritis and multiple sclerosis as well as treatments for virally induced acute respiratory disorders. Rabeximod is a Phase 2 candidate drug being evaluated for the management of rheumatoid arthritis and moderate Covid-19... Read More