drugset / Press release

FluoGuide proposes directed share issue to strengthen its ownership and shorten the time to market for FG001

2020-01-29 · FluoGuide A/S · original fluoguide.com ↗

The Board of Directors of FluoGuide A/S (“FluoGuide” or “the Company”) proposes to conduct a directed share issue which can provide the Company with approximately MDKK 11.6 before issue costs. Participants are, amongst others, the institutional investors A/S Arbejdernes Landsbank and Linc AB. In combination with FluoGuide strengthening its ownership base, the capital brought in gives the Company the opportunity to shorten the time to market for FG001. The proposal is subject to approval at an Extraordinary General Meeting on February 17, with a separate notice communicated shortly. In connection with the directed share issue, the company's CEO Morten Albrechtsen and scientific founder and member of the board Andreas Kjaer have chosen to extend their respective lock-up agreements.

The release as fetched from its publisher. fluoguide.com ↗