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Analyst Comment

Ascelia Pharma: Subscription price for warrant TO1 and terms for exercising

By Claus ThestrupCEO, Sweden
Ascelia Pharma

The company's share price closed yesterday at SEK 2,825 -3.1%.

The price on warrant TO1 is determined to SEK 2.15, the price is calculated as 70% of VWAP between and including 14 March to 28 March 2025.

One (1) warrant series TO 1 entitles the holder to subscribe for one (1) new ordinary share in the Company. The exercise period for the warrants series TO 1 runs during the period from and including 1 April 2025 up to and including 15 April 2025. 

If all warrants series TO 1 are exercised, the Company will receive approximately SEK 45 mio. before issue costs, which will strengthen the Company’s financial position. For the warrants to not expire without value, it is required that the holder actively subscribes for new ordinary shares no later than 15 April 2025 or sells the warrants no later than 11 April 2025. Please observe that certain nominees might close their application earlier than 15 April 2025.

Read the full announcement here: Ascelia Pharma warrants TO1

Disclaimer: HC Andersen Capital receives payment from Ascelia Pharma for a Digital IR/Corporate Visibility agreement/ Claus Thestrup, 8:20 AM, 01-04-2025. Updated 09:19 01-04-2025

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Ascelia Pharma is a Swedish biotech company with a focus on orphan oncology treatments. They develop and commercialize novel drugs that address unmet medical needs and have a clear development and market pathway. Currently, Ascelia pharma has two pipeline products, namely Orviglance and Oncoral. Orviglance is a novel contrast agent for MR-Imaging developed to improve the detecting and visualization of focal liver lesions (Including liver metastases – and primary tumors) in patients with reduced kidney function. Oncoral is a daily tablet with an established potent anti-tumor effect – even in difficult to treat cancers with the potential to offer better patient outcomes with improved safety following a daily tablet treatment compared to intravenous high-dose infusions at the hospital. Ascelia Pharma is listed on Nasdaq Small Cap Stockholm with ticker ACE.

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