Information on Withdrawn Rights issue Q1 2024
Rights Issue 2024
The proceeds of the Rights Issue are intended to be used to strengthen Curasight’s capital structure and secure funding for the acceleration of clinical activities, including the preparation, planning and enrolment of the first patients in a therapy phase I/IIa basket trial in various cancer types, as well as to strengthen the company’s business development and broadening the pipeline through development of new therapeutic peptides.
Documents
The subscription period in Curasight’s rights issue begins today (February 23, 2024)
Subscription without subscription rights (overtegningsformular)
For oversubscription without subscription rights, please contact your bank. If your bank cannot handle oversubscriptions electronically you can fill out the subscription form (download) , and send to your bank.
Please make sure it’s sent to your bank’s back office – Nordic Issuing will not be able to accept subscription forms sent from your personal adviser within the bank.
Overtegningsformular - Curasight
Link to articles of association
Investor Presentation
Details of the Rights Issue
Full terms and conditions for the Rights Issue as well as other information about the Company will be included in the Information Memorandum that the Company expects to publish around the time of 22nd February 2024.
Information memorandum regarding Curasight A/S (February 22, 2024)
Important Dates
DATE | Event |
---|---|
20 February 2024 | Last day of trading in the share including the right to receive subscription rights |
21 February 2024 | First day of trading in the share excluding the right to receive subscription rights |
21 February – 5 March 2024 | Trading in subscription rights |
22 February 2024 | Record date for the Rights Issue |
22 February 2024 | Estimated date for the publication of the Information Memorandum |
23 February – 7 March 2024 | Subscription period |
23 February until the Rights Issue is registered with the Danish Business Authority | Trading in temporary shares |
Around 12 March 2024 | Estimated publication of the outcome in the Rights Issue |
Contacts
Questions about the offer
Nordic Issuing AB
info@nordic-issuing.se
+46 40 632 00 20
Questions about the company
Curasight A/S
info@curasight.com
+45 22 83 01 60
Questions and Answers
I have submitted subscription commitments – what happens now that the Rights Issue is not going ahead?
- Investors who have submitted subscription commitments will receive back the subscription amount excluding expenses to e.g. the bank or financial intermediaries.
- Purchasers of subscription rights will not be compensated for the purchase of subscription rights and they will only receive a subscription amount back ex. Expenses, if they have submitted a subscription commitment.
What happens if I have traded temporary shares before the notice of the withdrawal of the Rights Issue?
For investors who have traded temporary shares, the subscription amounts less expenses will go to the last registered owner of the temporary share.
How can I participate in the rights issue?
You can participate in the rights issue by exercising your subscription rights through your custodian bank or broker. Subscription rights are traded on Spotlight Stock market and additional rights can thus be acquired over market.
The general public and existing shareholders can subscribe for any Remaining Shares that have not been subscribed in the issue. You can subscribe by completing a subscription form, which is available on Curasight’s website (www.curasight.com), Redeye’s website (www.redeye.se) and Nordic Issuing’s website (www.nordic-issuing.se). The subscription form needs to be completed and submitted to the account holder’s own bank according to their instructions.
Why should I participate in the Rights Issue?
Participating in the rights issue supports Curasight by providing the company with new funds, aiding Curasight’s accelerated strategy and ongoing clinical trials. In contrast, acquiring shares on the stock market lacks this direct benefit, as the funds exchanged occur solely between investors without benefiting the company itself.
Therefore, by subscribing to the Rights Issue, you actively support Curasight and contribute to the company’s mission of pioneering theranostic approaches to diagnose and treat certain types of cancer with the aim of providing clinicians and patients with innovative solutions.
Can I purchase more shares than my current shareholding allows for?
Yes, you can purchase more shares than your current shareholding allows for, by acquiring additional subscription rights (if available) in the market during the rights trading period.
The general public and existing shareholders can subscribe for any Remaining Shares that have not been subscribed in the issue. Subscription shall be made via the completion of a subscription form, which is available on Curisight’s website (www.curasight.com), Redeye’s website (www.redeye.se) and Nordic Issuing’s website (www.nordic-issuing.se). The subscription form must be completed and submitted to the account holder’s own bank according to their instructions.
I would like to participate, but for fewer shares than my current shareholding allows for
You can subscribe for fewer shares than your current shareholding allows for by exercising only a portion of your subscription rights during the subscription period.
What do I do if I do NOT want to participate in the Rights Issue?
If you do not want to participate in the Rights Issue, you can choose not to exercise your subscription rights during the subscription period. Alternatively, you may also sell your subscription rights on the market during the rights trading period.
Is it possible to change or annul an order during the period where the Rights Issue is open?
No, once you have exercised your subscription rights and placed your order for new shares, it cannot be changed or annulled. The subscription is binding.
Can I participate even though I am not a current shareholder in Curasight?
Yes, the general public can participate in the rights issue by subscribing for any remaining shares after existing shareholders have exercised their subscription rights, subject to availability. Furthermore, subscription rights are traded on Spotlight stock market, meaning that subscription rights can be acquired over market.
Are there any costs for me to participate in the Rights Issue?
There may be fees charged by your custodian bank or broker for participating in the Rights Issue, and you would also need to pay the subscription price for the new shares you are acquiring.
What are the tax implications for me if I participate in the Rights Issue?
The tax implications of participating in the Rights Issue would depend on your individual tax jurisdiction and circumstances. It's advisable to consult with a tax advisor to understand any potential tax implications