Avantium N.V. (the Company, Avantium or the Group[1]) today announces the successful completion of its fully committed and underwritten rights offering, raising gross proceeds of approximately €55.45 million.

The successful Offering provides Avantium with the funding to execute the next phase of its strategy, including the ramp-up of the FDCA Flagship Plant, first commercial deliveries and further development of its licensing business

Gross proceeds from the Offering amount to approximately €55.45 million, resulting in the issue of 33,608,956 new ordinary shares at an Issue Price of €1.65 per Offer Share
 
At the end of the Exercise Period on 10 November 2026, 28,817,796 Offer Shares were subscribed for through the exercise of Rights, representing a take-up rate of 85.7%

The Rump Offering was fully subscribed

Tom van Aken, Chief Executive Officer of Avantium, commented: “The successful completion of this Rights Offering is an important step forward for Avantium. We are grateful for the strong support from our shareholders, new investors and public partners, and for the confidence they have shown in our strategy.

With the first FDCA successfully produced at our Flagship Plant and this financing secured, our focus is firmly on what comes next: preparing for first commercial product deliveries from our FDCA Flagship Plant and accelerating our commercial and licensing activities. The funding puts us in a stronger position to execute our business plan. We have reached important milestones this year, and we are now focused on building on that momentum and translating our progress into commercial growth. Our ambition is clear: to scale FDCA and PEF globally through our Flagship Plant and our licensing business.”

 

Source: avantium.com

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