Theranexus : € 3.1m fund raise
>Financial visibility extended to Q4 2024e - Theranexus carried out a capital increase of around € 3.1m via the issue of 2.4 million new shares at a 25.8% discount to the closing price on 10 July 2023 for an actual price of € 1.28/share on a non-diluted basis. As part of this transaction, US foundation BBDF (Beyond Batten Disease Foundation) acquired an 11.6% stake in the capital. BBDF and four other investors whose names were not disclosed represent around 71.2% of t...Theranexus SA is a France-based company engaged in the healthcare industry. The Company is a biopharmaceutical entity that develops drug candidates to be used in the treatment of central nervous system (CNS) disorders, including epilepsy, narcolepsy, Parkinson's disease, Alzheimer's disease, neuropathic pain and psychiatric disorders. Its patented technology is aimed at increasing the efficacy of CNS drugs, which are approved and available on the market. The Company's technology is protected, scalable and versatile, and used to generate high value-added proprietary drug candidates for different conditions, while reducing time-to-market and market entry costs and risks in comparison with standard drug development processes. Theranexus SA operates in the domestic market.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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