ObsEva Shares Rise 25% Premarket After Company Announced a Corporate Update, Including Increase in Share Capital on Monday
ObsEva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing andcommercializing novel therapies for women's health, announced today that its board of directors approved on January 28, 2022 an increase ofits share capital from 85,220,471 to 108,620,471 shares through the issuance of 23,400,000 newly registered shares at an issue price of 1/13of a Swiss Franc each.