Newsletter update #5 - Dec 2021
Successful warrant exercise The IPO from Dec 2020 included a warrant and we successfully raised app. DKK 24.3 million through the warrant TO 1 exercise. We would like to thank all warrant holders for their commitment and welcome all new and existing shareholders supporting us on our continued journey. A total of 2,432,535 warrants were exercised, corresponding to 2,432,535 shares and an overall exercise rate of approximately 97 percent, which is very satisfactory as it is almost impossible to obtain 100%. Proceeds will mainly be used to finance the completion of the ongoing trials