RhoVac terminates its stock liquidity provision service and announces the last day for trading in the convertible

RhoVac AB (“RhoVac”), announces today that the company with effect from 13 July has terminated its agreement with Sedermera on a liquidity provision service for the company’s stock. The first trading day without a liquidity provision will be July 14, 2022. Furthermore, the company announces that the last day for trading in the company’s convertible is July 13, 2022.

Pending a final decision regarding the company’s future, RhoVac has decided to terminate the agreement with Sedermera regarding stock liquidity provision. In practice, the liquidity provision means a guaranteed available volume in the share and that the difference between the bid and ask price will not be too great. However, at present the company does not consider that such a provision is necessary, and the agreement therefore expires on 14 July 2022.

Furthermore, the company announces that July 13 is the last day for trading in the convertible. The company will return shortly regarding an accelerated repayment plan for the convertible loan.

Helen Mangum

Helen is a seasoned journalist with a focus on Trending News. She has a degree in journalism and has been working as a journalist for more than 10 years. She joined Survey Paid in 2018 and her byline can be found on articles covering current events, social issues, and other news that is capturing the public's attention. Based in Washington D.C Contact Email: [email protected]  

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