Evaxion A/S has announced that it has raised $7.2 million through a combination of share sales in an at-the-market (ATM) offering and the exercise of investor warrants. The ATM offering generated $4.5 million, while the warrant exercises contributed an additional $2.7 million. These transactions have strengthened Evaxion's cash position and extended its operational runway into the second half of 2027. The recent warrant exercises have reduced the number of outstanding warrants to purchase Evaxion American Depositary Shares (ADSs) by 1 million, bringing the total number of outstanding warrants to 2.8 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evaxion A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001135903-en) on October 30, 2025, and is solely responsible for the information contained therein.