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An update from Targovax ASA ( (GB:0RIS) ) is now available.
Circio Holding ASA reported that several primary insiders and close associates have exercised subscription rights and subscribed for additional shares in the company’s ongoing rights issue at NOK 1.00 per share, with corresponding warrants to be granted subject to board allocation and completion of the transaction. The chief operating officer, chief technology officer, board members and the chairman collectively committed to substantial participation, a move that underscores internal confidence in the company’s equity financing effort and may reassure investors regarding insider support for the current capital raise.
More about Targovax ASA
Circio Holding ASA is a listed Norwegian company; based on the context of its rights issue and insider participation, it operates in the capital markets as a publicly traded corporate entity, though the specific industry and product focus are not detailed in the announcement.
Average Trading Volume: 3,998,446
Current Market Cap: NOK204.1M
Learn more about 0RIS stock on TipRanks’ Stock Analysis page.