Brief: Adiuvo Investment fund to invest in diagnostics technology project

Adiuvo Investments SA W Restrukturyzacji

03/03/2016 09:18

March 3(Reuters) - Adiuvo Investments SA  ADV.WA : 
    * Said on Wednesday that fund Joint Polish Investment Fund 
CV, controlled by its unit Adiuvo Management Sp. z o.o., signed 
an investment agreement with SPV pHase2 microtechnologies Inc, 
based in Delaware, US 
    * Under agreement, fund will invest in SPV up to 5.4 million 
zlotys ($1.4 million), of which 0.8 mln zlotys will be a 
non-refundable grant of Narodowe Centrum Badan i Rozwoju 
(National Center for Research and Development) 
    * Investment will be made via acquisition of 5.6 million 
series A shares in SPV, representing 23.35 pct stake 
    * SPV is engaged in innovative diagnostics technology 
project 
 
     
  
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM0225772 
     
 Further company coverage:  ADV.WA   
    
 
 
 
($1 = 3.9845 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))