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.
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