Affyxell28 Sep 2023 08:47
Increase of their equity holding in Affyxell :
“This will result in an increase in Avacta's shareholding in AffyXell to approximately 25% from its current 19%, which will be determined when a formal valuation has been completed as was done for the first milestone payment.”
The 6% increase in their ownership of Affyxell, will look even more interesting for Avacta , once the IPO of the Korean company gets underway!
A great question for the company during Q&A, what value does Avacta apply to their zero cost holding?