Circio announces intention to raise around NOK 50-60 million in Q2 2024 to extend cash runway to Q2 2025
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.· Circio plans to raise around NOK 50-60 million in gross proceeds in a partially underwritten rights issue to be completed during Q2 2024 · The intended financing will provide twelve months of runway, enabling delivery of key