Cantargia raises SEK 31.4 million through exercise of warrants of series TO 1 and TO 3
On 13 April 2016 the exercise period for warrants of series TO 3 that were issued in connection with the initial public offering of Cantargia ended. At the same date the exercise period for warrants of series TO 1, which were issued in connection with a debt-for-equity swap in October 2014, also ended. In total,4 127 260 warrants of both series were exercised, resulting in a total utilization of approximately 83.5 per cent of the warrants. Through the warrants, Cantargia raises around SEK 31.4 million in total, before issue costs.Capital injection funds preparations for clinical phase I/