OncoZenge enters into SEK 30.2 million investment agreement with new strategic investor Sichuan Yangtian Bio-Pharmaceutical, intended to be carried out through directed share issues
OncoZenge AB (publ) (“OncoZenge” or the “Company”) announces that the Company has entered into an investment agreement (the “Investment Agreement”)whereby the Chinese investor Sichuan Yangtian Bio-Pharmaceutical Co, Ltd (the “Investor”) has undertaken to subscribe for a maximum of 4,669,647 new shares in the Company at a subscription price of SEK 6.47 per share, which represents a premium of approximately 40 percent compared to the volume-weighted average price (VWAP) for the Company’s shares on Nasdaq First North Growth Market during a period of 20 trading days ending on 24 January 2025, and