Circio Holding ASA Funding requested under additional financing commitment from Atlas

04 Aug 2025 10:57 CEST

Oslo, Norway 4 August 2025: Reference is made to the financing commitment
provided by Atlas to fund the Company's operations until the end of June 2025.
The financing commitment has been extended to enable funding flexibility to
the end of the fourth quarter 2025 (the "Additional Financing Commitment").

The Company has by a notice of exercise requested Atlas to subscribe and pay
for one additional tranche of convertible bonds, consisting of 11 convertible
bonds with an aggregate principal amount equal to NOK 5,500,000. Atlas will be
allocated these bonds under the terms and conditions of the Investment
Agreement.

For further information, please contact:
Erik Digman Wiklund, CEO
Phone: +47 413 33 536
Email: erik.wiklund@circio.com

Lubor Gaal, CFO
Phone: +34 683 34 3811
Email: lubor.gaal@circio.com

About Circio
Building circular RNA expression systems for enhanced gene and cell therapies

Circio Holding ASA is a biotechnology company developing powerful circular RNA
vector expression technology for next generation nucleic acid medicine.

Circio has established a unique circular RNA (circRNA) vector expression
technology for next generation RNA, DNA and viral therapeutics. The
proprietary circVec platform is based on a modular genetic cassette design for
efficient biogenesis of multifunctional circRNA inside cells. The circVec
platform has applications in multiple therapeutic settings, including genetic
medicine, cell therapy and chronic disease. It has demonstrated over 70-fold
prolonged RNA half-life and up to 15-fold enhanced protein expression vs.
conventional mRNA vector systems in vivo, and has the potential to become a
new gold-standard protein expression technology. The circRNA R&D activities
are being conducted by the wholly owned subsidiary Circio AB in Stockholm,
Sweden.

In parallel, Circio is continuing to develop its legacy immuno-oncology
program, TG01, through cost-efficient external academic and industry
collaborations. TG01 targets RAS-mutated cancers and is being tested in two
clinical trials in Norway and the USA. TG01 is a therapeutic peptide vaccine
adjuvanted by STIMULON QS-21 licensed from Agenus Inc.

More information:
Access the news on Oslo Bors NewsWeb site