Zelluna ASA: Cancellation of subsequent repair offering
Globenewswire·2025-12-09 08:36

Core Viewpoint - The company has decided not to proceed with the Subsequent Offering due to the trading performance of its shares, which have remained at or below the subscription price from the Private Placement for an extended period [2][3]. Group 1 - The board of directors resolved to cancel the Subsequent Offering [2]. - The cancellation is attributed to the company's shares trading at or below the subscription price for a significant duration and volume [3]. - Shareholders have had the opportunity to mitigate the dilutive impact of the Private Placement by purchasing shares in the market at prices equal to or lower than the proposed subscription price for the Subsequent Offering [3].