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Isofol Medical Announces Change in Shares and Votes

Story Highlights
  • Isofol Medical AB focuses on improving cancer treatments with its drug candidate arfolitixorin.
  • Isofol Medical’s shares and votes increased to 281,107,224 after recent financial adjustments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Isofol Medical Announces Change in Shares and Votes

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Isofol Medical AB ( (SE:ISOFOL) ) just unveiled an announcement.

Isofol Medical AB has announced a change in the number of shares and votes following a rights issue, overallotment issue, and set-off issue. This adjustment, registered with the Swedish Companies Registration Office, has increased the total number of shares and votes to 281,107,224, reflecting the company’s strategic financial maneuvers to support its operations and growth.

More about Isofol Medical AB

Isofol Medical AB is a research-based biotechnology company focused on improving treatments for severe forms of cancer. The company is developing arfolitixorin, a drug candidate aimed at enhancing the efficacy of standard treatments for solid tumors, particularly in colorectal cancer, which is the third most common cancer globally. Isofol Medical AB is listed on Nasdaq Stockholm.

Average Trading Volume: 1,384,492

Technical Sentiment Signal: Sell

Current Market Cap: SEK263.1M

For an in-depth examination of ISOFOL stock, go to TipRanks’ Overview page.

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