Addex Successfully Completes $11.5 Million Capital Increase Including Full Exercise of Underwriter’s Option to Purchase Additional Securities
The aggregate gross proceeds from the offering are $11.5 million, before deducting the underwriting discounts and commissions and offering expenses payable by Addex.
- The aggregate gross proceeds from the offering are $11.5 million, before deducting the underwriting discounts and commissions and offering expenses payable by Addex.
- These include dipraglurant, an mGlu5 negative allosteric modulator, for use in Parkinson's disease and dystonia, and its preclinical pipeline.
- The New Shares are expected to begin trading on the SIX Swiss Exchange on January 12, 2021.
- 333-251322), as amended, with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on January 6, 2021.