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An announcement from Nanologica AB ( (SE:NICA) ) is now available.
Nanologica AB announced the completion of the exercise period for its series TO5 warrants, resulting in the exercise of 12,586 warrants, which will bring approximately SEK 38 thousand to the company. This exercise represents a minor dilution of 0.014 percent and will increase the company’s share capital slightly after registration with the Swedish Companies Registration Office. This development is part of Nanologica’s broader strategy to support its operations and growth within the pharmaceutical manufacturing sector.
More about Nanologica AB
Nanologica is a Swedish life science tools company that develops, manufactures, and sells advanced consumables to pharmaceutical manufacturers. The company specializes in the purification of peptide drugs, such as insulin and GLP-1 analogues, aiming to increase productivity and reduce costs for pharmaceutical manufacturers. Operating in a growing global niche market, Nanologica focuses on enhancing access to cost-effective drugs, particularly for diabetes and obesity treatments. Headquartered in Södertälje, its shares are listed on Nasdaq Stockholm Main Market.
Average Trading Volume: 305,965
Current Market Cap: SEK107.4M
For a thorough assessment of NICA stock, go to TipRanks’ Stock Analysis page.