Nyxoah Announces Pricing of $95 Million Underwritten Public Offering
Nyxoah priced a $95 million underwritten public offering of 55.2 million ordinary shares at $1.72 per share, with an overallotment option for an additional 8.3 million shares. The company intends to use the net proceeds to expand U.S. commercialization, fund R&D for the Genio system, and support general corporate purposes including working capital and debt repayment. BofA Securities acted as lead bookrunner, with Bank Degroof Petercam and B.
Key figures
- Deal Value Usd
- 95000000
- Offering Price
- 1.72
- Shares Offered
- 55232558
- Eur price
- EUR 1.48
- Eur proceeds
- EUR 81.7 million
- Loan drawdown
- EUR 13.8 million
- Overallotment shares
- 8284883
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.