On December 14, 2021 Targovax ASA’s (the "Company") stock exchange reported that published on 30 November 2021 regarding the commencement of the subscription period in the rights issue of 101,744,186 new shares in the Company (the "Offer Shares") at a subscription price of NOK 1.72 per offer share (the "Rights Issue") (Press release, Targovax, DEC 14, 2021, View Source [SID1234597052]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The subscription period for the Rights Issue will expire today, on 14 December 2021, at 16:30 hours (CET). Correctly completed subscription forms must be received by the managers in the Rights Issue, Carnegie AS and DNB Markets, a part of DNB Bank ASA, (the "Managers"), or, in the case of online subscriptions, be registered, within this deadline. Subscription rights that are not used to subscribe for Offer Shares within this deadline will have no value and will lapse without compensation to the holder.