Market News / Story
Alzinova AB (publ) (ALZ) Rights Issue Subscribed 86.2%, Raises SEK 44.0M
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Alzinova AB (publ) reports its rights issue of units was approximately 86.2% subscribed, bringing in about SEK 44.0M before issue costs; underwriting will not be utilized. Material Details #DetailAI Analyst View1Rights issue subscribed 86.2%Stronger-than-prelim demand reduces financing risk; no need for underwriter.2Gross proceeds ~SEK 44.0MExtends cash runway for Phase II ALZ-101 and CMC work.3Underwriting not utilizedSaves potential fees and limits further dilution…