Evaxion Biotech Increases Share Capital Following Warrant Exercise

Tip Ranks
2025.11.18 16:27
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Evaxion Biotech announced a share capital increase on November 4, 2025, following the exercise of investor warrants, issuing 1,875,000 ordinary shares and raising the share capital to DKK 104,252,689. This move aims to strengthen its financial position. The latest analyst rating for EVAX stock is Hold with a $6.50 price target, while TipRanks’ AI Analyst rates it as Neutral due to financial instability and valuation concerns.