Scandion Oncology receives approximately MSEK 12.3 through successful warrant exercise
On Thursday, October 1, 2020, the exercise period for Scandion Oncology A/S (“Scandion Oncology” or “the Company”) warrants of series TO 1 (“TO 1”) ended. A total of 2,371,455 TO 1 were exercised, corresponding to a subscription rate of approximately 99.6 percent of TO 1. Scandion Oncology is thus provided with a total of approximately MSEK 12.3 before issue costs. With this, the Company has secured capital for the continued clinical development ofSCO-101.CEO Bo Rode Hansen comments: ”I would like to thank everyone who has shown interest and confidence in our business with the exercise