Financing ·
Evaxion raises $775K via ATM sale of 201,198 ADSs at avg $3.97
EVAXEvaxion A/S
Evaxion A/S sold 201,198 American Depositary Shares (ADSs) between October 19 and 21, 2026, through an at-the-market offering with Jones Trading Institutional Services LLC. The shares were sold at an average price of $3.9714 per ADS, generating net proceeds of approximately $775,068 after fees and expenses. The company registered corresponding increases in its share capital with the Danish Business Authority and amended its Articles of Association to reflect the issuance of 201,198 new ADSs representing ordinary shares. Evaxion A/S operates as a biotechnology company focused on developing personalized cancer vaccines.