Modus Therapeutics Holding AB
19 May - 9 Jun 2022Warrant exercise
Modus is a clinical biotechnology company that, through the polysaccharide sevuparin, is developing a treatment for sepsis and septic shock – a serious and often fatal condition. Modus treatment is aimed at anyone suffering from sepsis or septic shock, and since there is no treatment available for these serious conditions, a future treatment places itself in a high-priced segment. The company’s primary focus is the upcoming clinical phase Ib-LPS provocation study in sepsis / septic shock and a clinical phase IIa-Proof-of-Concept study in sepsis / septic shock. Mode’s vision is to create an effective treatment for patients with sepsis and septic shock that binds and neutralizes the harmful substances secreted in the blood during hyperinflammation to stabilize the initial bacterial infection.
Read more on the company's website
The offer in summary
Exercise period: 19 May - 9 June 2022
Price per share: SEK 7.30
Trading with warrants: Until 7 June 2022
Emission volume: Maximum of 5 156 300 warrants of series TO 1
Payment day: 9 June 2022
Marketplace: First North Stockholm
Financial advisor: Sedermera Corporate Finance