STOCKHOLM--(BUSINESS WIRE)--Cantargia AB (“Cantargia”) announces that the company has obtained prior confirmation of the exercise of 100 per cent of all warrants of series TO 1.
There are 592,098 outstanding warrants of series TO 1, which were issued in connection with an offset issue in October 2014 and which are exercisable during the period 23 March – 13 April 2016. The company has secured subscriptions and payment for 100 per cent of all warrants of series TO 1 in advance. This means that Cantargia will raise approximately SEK 4.5 million before issue costs.