Nyxoah Reduced The Maximum Amount Of 6M Ordinary Shares Available For Issuance Under Its "At-the-market" Offering
Portfolio Pulse from Benzinga Newsdesk
Nyxoah SA (NASDAQ: NYXH) has reduced the maximum amount of ordinary shares available for issuance under its 'at-the-market' offering by 1,569,139 shares, resulting in a new maximum of 4,430,861 shares. This change increases the authorized capital available to the board by EUR 269,579.
May 22, 2024 | 8:37 pm
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Nyxoah has reduced the maximum amount of shares available under its 'at-the-market' offering by 1,569,139 shares, increasing the authorized capital available to the board by EUR 269,579.
Reducing the number of shares available for issuance under the 'at-the-market' offering can be seen as a positive move, potentially reducing dilution and increasing investor confidence. The increase in authorized capital also provides the board with more flexibility.
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