Kuros Biosciences (SIX: KURN) (the Company or Kuros) announces the results of the Rights Offering, first announced on November 19, 2019, in which a total of up to 6,405,022 new registered shares of Kuros sourced from the ordinary and authorized share capital with a nominal value of CHF 1.00 each were offered to Kuros’ existing shareholders at an Offer Price of CHF 1.95 per share.
At expiration of the rights exercise period on December 2, 2019, 12.00 noon CET, subscription rights for 2,325,474 new registered shares were validly exercised, representing 36.3% of the new registered shares offered.
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At expiration of the rights exercise period on December 2, 2019, 12.00 noon CET, subscription rights for 2,325,474 new registered shares were validly exercised, representing 36.3% of the new registered shares offered.
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