Corporate ActionJun 8, 2026, 04:06 PM
Nyxoah SA Prices $95M Share Offering at $1.72
AI Summary
Nyxoah SA announced the pricing of an underwritten public offering of approximately 55.2 million ordinary shares at $1.72 per share, expected to raise gross proceeds of $95 million. The company also granted underwriters an option to purchase additional shares. Net proceeds are estimated at $88.5 million and will be used for commercialization, R&D, and general corporate purposes. The offering is expected to close around June 9, 2026. Additionally, certain directors indicated interest in participating in the offering.
Key Highlights
- Nyxoah SA priced an underwritten public offering of 55,232,558 ordinary shares at $1.72 per share.
- The offering is expected to generate gross proceeds of approximately $95 million.
- The company granted underwriters an option to purchase up to an additional 8,284,883 ordinary shares.
- Net proceeds are expected to be approximately $88.5 million, after deducting fees and expenses.
- Proceeds will be used for expanding US commercialization, R&D, and general corporate purposes.
- The offering is expected to close on or around June 9, 2026.
- Certain directors expressed interest in participating in the offering.
Price Impact
More from NYXH