Nyxoah Announces Proposed Offering of Ordinary Shares
Nyxoah announced the commencement of a proposed underwritten public offering of ordinary shares in the United States, with no selling shareholders participating. The company intends to use net proceeds to expand commercialization activities in the US, finance R&D for Genio system upgrades, and advance commercialization in initial target markets outside the US. BofA Securities is acting as lead bookrunner, with Bank Degroof Petercam as additional bookrunner and B. Riley as co-manager.
Key figures
- Overallotment option
- 15%
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