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Financing › Details

Lytix Biopharma–SEVERAL: investment, 201312 capital increase NOK50m

 

Period Period 2013-12-04
  Successor Lytix Biopharma–SEVERAL: investment, 201512 capital increase NOK80m w 224.2k new shares at NOK350/share to existent + new shareholders
Organisations Money taker Lytix Biopharma AS
  Money source SEVERAL
Products Product cancer immunotherapy (immuno-oncology, I-O)
  Product 2 investment banking
     

Lytix Biopharma AS. (12/5/13). "Press Release: NOK50 Million Subscribed in Lytix Biopharma".

Lytix Biopharma AS has completed a successful issue that was subscribed shares of over 50 million NOK. It was signed for in total 71,670 shares at a subscription price of NOK 700 per share. The Company will, after the capital increase is registered in the 'Business Register', have 207 shareholders.

CEO Unni Hjelmaas is delighted with Lytix Biopharma now having secured funding for the implementation of the company's exciting plans within infection and cancer research through 2014.

"We are pleased with the interest the company has been shown in the challenging capital market", says the chairman Knut Eidissen.

In the issue the following insiders have been allocated shares:
Picasso Kapital AS, controlled by chairman Knut Eidissen, 5760 shares
Steinar Hoeg, Director, 1,200 shares
Unni Hjelmaas, CEO 143 shares

Fazenda Securities has been the advisor and lead facilitator of this issue, and Sparebank1 Market has been co-facilitator.

Lytix Biopharma's board considers listing the company on the Oslo Stock Exchange, including the optimal time for this, and what type of listing which is most suitable.


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Lytix Biopharma is developing next generation cancer treatment: Immunotherapy. If we succeed, Lytix Biopharma's technology could change the way we treat cancer.

Our technology is based on the exploitation of nature's own defense mechanisms. Bacteria and cancer cells are destroyed in a quick and efficient manner.

   
Record changed: 2017-08-28

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