Testa vår nya webbplats och uppdaterade nyhetsrum för att ta del av aktuella nyheter, rapporter och mycket mer.

Vicore resolves on a set-off issue of 87,686 shares as part of milestone compensation

  • Milestone compensation to collaboration partners in connection with the first patient dosed with C106.
  • One-time payment to the company's collaboration partners Emeriti Bio and HaLaCore Pharma in a total of approximately 6 MSEK, of which 3 MSEK in cash compensation and 87,686 newly issued shares in Vicore corresponding to approximately 3 MSEK.

Gothenburg, June 17, 2022 - Vicore Pharma Holding AB (publ) ("Vicore"), a clinical-stage pharmaceutical company developing medicines targeting the angiotensin II type 2 receptor (AT2R), has today resolved on a set-off issue of 87,686 shares and cash payment of 3 MSEK to collaboration partners for the start of the phase 1 trial with C106.

In connection with the first patient being dosed, Emeriti Bio and HaLaCore Pharma will together receive a one-time payment of a total of approximately 6 MSEK, split between 3 MSEK in cash and 87,686 newly issued shares in Vicore corresponding to approximately 3 MSEK. The board has therefore today resolved on a new issue of 87,686 shares directed to Emeriti Bio and HaLaCore Pharma.

The share issue is carried out with deviation from the shareholders' preemption rights based on the authorization from the Annual General Meeting on May 11, 2022. Payment is made by set-off of a claim against the company. The number of shares is based on a share price of 34.21 SEK per share, which corresponds to the volume-weighted average share price during the five last trading days prior to dosing of the first patient (June 8, 2022 up to and including June 14, 2022). The share issue will result in an increase in the number of shares in Vicore of 87,686 shares, from 71,760,293 to 71,847,979. The share capital will increase by approximately 43,843.00 SEK, from approximately 35,880,147.15 SEK to approximately 35,923,990.15 SEK. The share issue implies a dilution of approximately 0.12 percent based on the total number of shares in Vicore after the consummation of the share issue.

For further information, please contact:

Hans Jeppsson CFO
Phone: +46 70 553 14 65
E-mail: [email protected]

This information was submitted for publication, through the agency of the contact person set out above, on June 17, 2022 at 10:30 CET.

Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Nybrogatan 34
Box 5216
102 45 Stockholm

08-692 21 90

Om beQuoted