Alzinova’s rights issue is heavily oversubscribed
Alzinova AB (publ) (”Alzinova” or the ”Company”) has ended the issue of Units with pre-emption rights for the Company’s shareholders, which was resolved upon by the board of directors on 18 September 2020 on the basis of the authorization from the annual general meeting on 14 May 2020 (the “Rights Issue”). The subscription period ran from and including 30 September 2020 until and including 14 October 2020. Through the Rights Issue, Alzinova receives proceeds amounting to approximately SEK 49.6 million before deduction of costs related to the Rights Issue. 7,265,060 Units, corresponding to