Report
Nyxoah - USD 52.5m raised to support US launch
• Nyxoah successfully raised USD 52.5m via an underwritten public offering in the US, which included shares sold in a private offering to certain qualified or institutional investors outside the US, including within the EU. 5.4m new shares have been issued at a 8.5% discount to the last closing price before the announcement• The option to purchase additional shares was partially exercised with 300k additional shares purchased out of the 800k initially offered• This raise was expected as management previously communicated its intention to raise capital on the back of the positive results from the DREAM trial to support US
Underlying
Nyxoah
Provider
Degroof Petercam
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