Elicera Therapeutics receives additional subscription commitments from the board and management in the ongoing rights issue
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Elicera Therapeutics AB (publ) ("Elicera" or the "Company") has received additional subscription commitments from members of the board and management in the ongoing rights issue. Jamal El-Mosleh and Di Yu intend to increase their subscription by SEK 100,000 each, and Jan Zetterberg intends to subscribe for SEK 230,000.
On 20 February 2024 the extraordinary general meeting of the Company resolved on a rights issue of units of approximately SEK 64 million (the “Rights Issue”). The subscription period in the Rights Issue started on 23 February 2024 and ends 8 March 2024. Elicera has received additional subscription commitments from the following members of the board and management who intend to subscribe in the Rights Issue:
Shareholder | Role in the Company | Initial commitment, SEK | Increased commitment, SEK |
Jamal El-Mosleh | CEO | 250,000 | 100,000 |
Di Yu | Head of Translational Research and co-fonder | 100,000 | 100,000 |
Jan Zetterberg | Board member | 0 | 230,000 |
Total | 350,000 | 430,000 |
Through these subscription commitments, the board and management demonstrate their continued confidence in Elicera’s future prospects. Overall the subscription commitments from the board and management amount to approximately 1 million SEK.