Neovacs SA (FR:ALNEV) has released an update.
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Neovacs SA, a French biotech firm specializing in inflammatory and autoimmune therapies, has disclosed its share capital composition, revealing a total of 347,174,292 shares and equal voting rights as of August 31, 2024. The company has undergone a share consolidation and issues monthly reports on new share creation, including conversions of OCEANE bonds and exercises of BSA E, with detailed updates available on its website. However, the company warns of potential share price volatility and investor dilution due to the rapid sale of shares by the European High Growth Opportunities Securitization Fund and a trust responsible for the equitization of ORA financing.
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