Brief: Axolot Solutions Announces Preliminary Outcome Of Rights Issue

Axolot Solutions Holding AB

09/06/2022 13:03

June 9 (Reuters) - Axolot Solutions Holding AB  AXOLOT.ST :
    * ANNOUNCES PRELIMINARY OUTCOME OF RIGHTS ISSUE
    * RIGHTS ISSUE COMPRISED A MAXIMUM OF 53,797,369 SHARES
    * RIGHTS ISSUE WAS OVERSUBSCRIBED
    * ISSUE PRICE WAS SEK 0.38
    * PRELIMINARY RESULT SHOWS THAT 46 296 333 SHARES,
CORRESPONDING
TO A LIQUID OF APPROXIMATELY SEK 17.6 MILLION
    * TOTAL ISSUE PROCEEDS OF A MAXIMUM OF APPROXIMATELY SEK
20.4
MILLION. THE SUBSCRIPTION PERIOD EXPIRED ON JUNE 8, 2022
    * BOARD HAS DECIDED TO EXERCISE OVERSUBSCRIPTION OPTION IN
FULL
    * OVERSUBSCRIPTION OPTION INCLUDES 7,500,000 SHARES,
CORRESPONDING
TO AN ISSUE PRICE OF 2.85 MILLION, WILL BE ISSUED

Source text for Eikon:  ID:nWkr7Cxmmd 
Further company coverage:  AXOLOT.ST 

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