Genmab (GMAB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Genmab A/S, the Copenhagen-based biotechnology firm, is set to bolster its share capital by 11,729 shares following the exercise of employee warrants, with proceeds approximating DKK 13.1 million. This capital increment will comprise just about 0.02% of the company’s total share capital and will consist of ordinary shares with equal rights, including dividend entitlements, with plans for these shares to be listed on Nasdaq Copenhagen. The capital increase, which is pending registration with the Danish Business Authority, will bring the total nominal share capital to DKK 66,176,831, reflecting an equal number of shares and votes.
For further insights into GMAB stock, check out TipRanks’ Stock Analysis page.
