Orexo Shareholders Approve Rights Issue at Extraordinary General Meeting
Bitget2026/11/06 09:25- Orexo shareholders approved a rights issue of ordinary shares at an extraordinary general meeting on November 6, 2026.
- The issue aims to fund priority development, working capital and an expected U.S. Department of Justice settlement, subject to a final agreement.
- The subscription-rights record date is November 10, 2026; subscriptions run November 12–26, 2026.
- Shareholders adopted articles amendments enabling the issue, including alternative changes to share capital and share count limits.
- Directors were authorized until the next annual meeting to issue ordinary shares as underwriting fees, bypassing preferential rights, at the rights-issue subscription price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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