
Corporate ActionJun 10, 2026, 04:06 PM
Nyxoah Closes Public Offering, Raises $95.0M Gross Proceeds
AI Summary
Nyxoah SA announced the closing of its underwritten public offering, generating approximately $95.0 million in gross proceeds from the sale of 55,232,558 ordinary shares at $1.72 per share. The company plans to use the net proceeds to expand commercialization activities in the U.S. and internationally, fund research and development for its Genio system, and for general corporate purposes including potential debt repayment and acquisitions. Additionally, Nyxoah intends to draw EUR 13.8 million from its European Investment Bank loan in the second quarter of 2026.
Key Highlights
- Nyxoah closed its underwritten public offering.
- Sold 55,232,558 ordinary shares at $1.72 per share.
- Generated approximately $95.0 million in gross proceeds.
- Proceeds to fund US commercialization and R&D for Genio system.
- Also for international commercialization and general corporate purposes.
- Plans to draw EUR 13.8 million from EIB loan in Q2 2026.
Price Impact
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