Molecure completes successful Secondary Public Offering (SPO) of approximately PLN 50 million (USD 12 million) with proceeds to be used to fund and build a first in class, sustainable pipeline of breakthrough therapies
The issue price was set at PLN 18, bringing the gross value of the offering to approximately PLN 50 million.
- The issue price was set at PLN 18, bringing the gross value of the offering to approximately PLN 50 million.
- We would like to thank all investors for participating in the offering and for the trust they have placed in Molecure.
- Considering the current market conditions, we view the execution of the share issue as a remarkable achievement.
- Molecure estimates that the capital expenditure associated with the strategy from mid-2023 to the end of 2025 will amount to approximately PLN 250 million.