Hansa Biopharma announces a USD 30 million convertible note financing
https://www.hansabiopharma.com/media/press-releases/2026/hansa-biopharma-announces-a-usd-30-million-convertible-note-financing/
Lund, Sweden, March 20, 2026. Hansa Biopharma AB (publ) (Nasdaq Stockholm: HNSA) ("Hansa" or the "Company") today announces that it has entered into a U.S. convertible note purchase agreement with certain funds managed by Athyrium Capital Management ("Athyrium"), comprising USD 30 million aggregate principal amount of unsecured convertible senior notes (the "Financing"). The Financing extends the Company's runway into mid 2027 and ensures a robust launch of imlifidase in the US, subject to approval.
The Financing consists of unsecured convertible senior notes with an aggregate principal amount of USD 30 million, maturing on March 17, 2031 (the "Notes"). The Notes carry a fixed interest rate of 3 percent per year and interest is payable in cash semi-annually, starting September 15, 2026. The conversion premium corresponds to 25 percent on the 30-day volume-weighted average price per ordinary share ending on March 18, 2026.
Renée Aguiar-Lucander, CEO, Hansa Biopharma said: "This transaction significantly extends our cash runway and positions the Company to execute a strong and well-prepared US launch plan, ensuring that we have all necessary resources in place in a timely manner. We are pleased to partner with Athyrium at this exciting time for the Company."
Laurent Hermouet, Partner, Athyrium Capital Management said: "We are pleased to provide capital in support of the planned U.S. commercial launch of Imlifidase. We believe Imlifidase has the potential to be the first new product specifically targeting the substantial unmet need among highly sensitized patients on the kidney transplant wait list."
https://www.hansabiopharma.com/media/press-releases/2026/hansa-biopharma-announces-a-usd-30-million-convertible-note-financing/
Lund, Sweden, March 20, 2026. Hansa Biopharma AB (publ) (Nasdaq Stockholm: HNSA) ("Hansa" or the "Company") today announces that it has entered into a U.S. convertible note purchase agreement with certain funds managed by Athyrium Capital Management ("Athyrium"), comprising USD 30 million aggregate principal amount of unsecured convertible senior notes (the "Financing"). The Financing extends the Company's runway into mid 2027 and ensures a robust launch of imlifidase in the US, subject to approval.
The Financing consists of unsecured convertible senior notes with an aggregate principal amount of USD 30 million, maturing on March 17, 2031 (the "Notes"). The Notes carry a fixed interest rate of 3 percent per year and interest is payable in cash semi-annually, starting September 15, 2026. The conversion premium corresponds to 25 percent on the 30-day volume-weighted average price per ordinary share ending on March 18, 2026.
Renée Aguiar-Lucander, CEO, Hansa Biopharma said: "This transaction significantly extends our cash runway and positions the Company to execute a strong and well-prepared US launch plan, ensuring that we have all necessary resources in place in a timely manner. We are pleased to partner with Athyrium at this exciting time for the Company."
Laurent Hermouet, Partner, Athyrium Capital Management said: "We are pleased to provide capital in support of the planned U.S. commercial launch of Imlifidase. We believe Imlifidase has the potential to be the first new product specifically targeting the substantial unmet need among highly sensitized patients on the kidney transplant wait list."
Forlængelse af cash runway frem til midten af 2027 med en fast årlig rente på kun 3%.
Konverteringspræmie: prisen for konvertering er sat med en præmie på 25% (ca. 43 SEK pr. aktie).
Det er jo vanvittigt godt for os som aktionærer.
Konverteringspræmie: prisen for konvertering er sat med en præmie på 25% (ca. 43 SEK pr. aktie).
Det er jo vanvittigt godt for os som aktionærer.
