Addex Therapeutics Ltd announced that it has completed an equity financing transaction entered into on July 22, 2022 with Armistice Master Fund Ltd., a healthcare-focused institutional investor, pursuant to which the Company sold 4,500,000 shares in the form of 750,000 American Depositary Shares at a gross purchase price of $1.70 per ADS, which is equivalent to CHF 0.27 per share, in an offering registered with the US SEC.
July 26, 2022
· 6 min read