Financing ·
Evaxion sells 681,268 ADSs at $3.1987 each for net proceeds of $2.1M
EVAXEvaxion A/S
Evaxion A/S sold 681,268 American Depositary Shares (ADSs) at an average price of USD $3.1987 per ADS through its at-the-market offering with Jones Trading Institutional Services LLC. Net proceeds from the transaction totaled $2,113,767 after deducting fees and expenses. The company registered a share capital increase of nominal DKK 8,515,850 with the Danish Business Authority, effective August 24, 2026, bringing total nominal share capital to DKK 112,768,539. Articles of Association were amended to reflect these changes. Evaxion A/S operates in the biotechnology industry, focusing on developing cancer vaccines.