Nyxoah (NYXH) said late Wednesday it has received $15 million from the second tranche of its loan facility with the European Investment Bank after meeting the predefined criteria.
The non-dilutive funding adds to its June equity raise, bringing total capital raised to $110 million, it said, adding that funds raised from EIB will largely be used for Genio launch in the US.
Shares were down over 3% in after-hours trading.
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