Nyxoah Expects Receipt Of $15M Second Tranche Of $110M European Investment Bank Loan To Pursue Commercialization Of Genio In U.S. Markets
Benzinga Newsdesk 4 months ago
News
Financing and Leadership Transition Highlights$110 million in new capital$95 million in equity financing with strong insider participation$15 million anticipated second tranche of its European Investment Bank loan by the
Financing and Leadership Transition Highlights
- $110 million in new capital
- $95 million in equity financing with strong insider participation
- $15 million anticipated second tranche of its European Investment Bank loan by the end of June 2026
- Planned acceleration of U.S. commercialization of Genio. Continued adoption of Genio in the U.S. where the Company now has 40 sales reps in place under an experienced U.S.-based commercial leadership team