Crossject

The new number of shares has been adjusted to take into account the exercise of options since September, while the last capital increase (December) was already in our numbers. Therefore, the loss per share seems lower, which is only due to this impact, all other numbers being unchanged.

The lower NAV per share stems from the higher number of shares after the exercise of options since September (and not from the capital increase which was already accounted for).

The lower NAV per share stems from the higher number of shares after the exercise of options since September (and not from the capital increase which was already accounted for).