Brief: Bioextrax Resolves On Rights Issue Of About SEK 9.4 Mln

Bioextrax AB publ

19/03/2024 07:51

March 18(Reuters) - Bioextrax Ab Publ  BIOEX.ST :
    * SAID ON MONDAY BOARD OF DIRECTORS HAS RESOLVED TO CARRY
OUT NEW
ISSUE OF MAXIMUM 5,220,331 SHARES
    * ISSUE CORRESPONDS TO ABOUT SEK 9.4 MILLION, WITH
PREFERENTIAL
RIGHTS FOR EXISTING SHAREHOLDERS
    * SUBSCRIPTION PRICE SEK 1.80 PER SHARE
    * RIGHTS ISSUE COVERED TO ABOUT 86% BY SUBSCRIPTION AND
GUARANTEE
COMMITMENTS
    * SUBSCRIBERS AND GUARANTORS HAVE ENTERED LOCK-UP REGARDING
ALLOCATED SHARES
    * PROCEEDS INTENDED TO MEET CAPITAL REQUIREMENT UNTIL CO'S
TARGET
OF POSITIVE CASH FLOW




        
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