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Alligator Bioscience Secures Additional Funding for Rights Issue

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Alligator Bioscience Secures Additional Funding for Rights Issue

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Alligator Bioscience AB ( (SE:ATORX) ) has shared an announcement.

Alligator Bioscience AB has announced additional subscription undertakings and guarantee commitments for its upcoming rights issue, increasing the total commitments from approximately SEK 78 million to SEK 91 million. This financial support from both existing and new investors, including Roxette Photo SA, Magnus Petersson, and HDF Impact BV, strengthens the company’s ability to advance its mitazalimab treatment towards the market, highlighting investor confidence in Alligator Bioscience’s strategic direction.

More about Alligator Bioscience AB

Alligator Bioscience AB is a company operating in the biotechnology industry, focusing on the development of innovative antibody-based therapies for cancer treatment.

YTD Price Performance: -95.86%

Average Trading Volume: 1,226,699

Technical Sentiment Signal: Sell

Current Market Cap: SEK38.21M

See more data about ATORX stock on TipRanks’ Stock Analysis page.

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