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Circio Registers NOK 3.6 Million Directed Share Issue, Boosting Capital for RNA Platform

Story Highlights
  • Circio has registered a NOK 3.6 million directed share issue, lifting total share capital to about NOK 129 million.
  • The capital increase supports Circio’s advancement of its circular RNA platform and continued TG01 cancer vaccine development.
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Circio Registers NOK 3.6 Million Directed Share Issue, Boosting Capital for RNA Platform

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Targovax ASA ( (GB:0RIS) ) has provided an update.

Circio Holding ASA has completed the registration of a NOK 3.6 million directed share issue with the Norwegian Register of Business Enterprises, increasing its share capital to NOK 128,944,012.20 divided into 214,906,687 shares with a nominal value of NOK 0.60 each. The new shares are expected to be issued and delivered today, strengthening the company’s capital base as it advances its circular RNA platform and continues development of its TG01 immuno-oncology program through external collaborations.

More about Targovax ASA

Circio Holding ASA is a biotechnology company focused on developing novel circular RNA expression technology for gene and cell therapies. Its proprietary circVec platform is designed to deliver more durable and potent gene expression than conventional mRNA-based viral and non-viral systems, targeting applications in genetic medicine, cell therapy and chronic diseases, alongside a legacy immuno-oncology vaccine program for RAS-mutated cancers.

Average Trading Volume: 4,354,944

Current Market Cap: NOK251.7M

Learn more about 0RIS stock on TipRanks’ Stock Analysis page.

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