Warrants series TO2 were exercised to approximately 96.1 percent and Biosergen AB receives approximately SEK 5.5 million
Stockholm, Sweden - August 28, 2023 – Biosergen AB ("Biosergen" or the “Company") today announces the outcome of the exercise of warrants series TO2, which were issued in connection with the Company’s rights issue of units on Nasdaq First North Growth Market in October 2022. In total, 8,258,203 warrants series TO2, corresponding to approximately 96.1 percent of the total number of outstanding warrants series TO2, were exercised for subscription of 8,258,203 shares at an exercise price of SEK 0.66 per share. Biosergen will thereby receive approximately SEK 5.5 million before issuing costs.