Targovax: Strengthens its financials

Research Note

2019-03-22

10:28

Late last night a private placement was completed, raising approximately NOK 70m. The subscription price was at NOK 7, and 10,5m new shares are about to be issued (dilution of about 20% to existing shareholders). The funding extends Targovax cash runway into Q3 2020.

KP

Klas Palin

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