Brief: Clinical Laserthermia Systems To Decide Upon Rights Issue Of Units

Clinical Laserthermia Systems AB

24/04/2023 07:03

April 24 (Reuters) - Clinical Laserthermia Systems AB
 CLSRb.ST :
    * CLINICAL LASERTHERMIA SYSTEMS INTENDS TO DECIDE UPON A
RIGHTS
ISSUE OF UNITS OF APPROXIMATELY SEK 135 MILLION TO SUPPORT
ONGOING MARKET INTRODUCTION AND STRENGTHEN THE COMPANY'S CAPITAL
STRUCTURE
    * RIGHTS ISSUE, INCLUDING FULL TERMS AND CONDITIONS, IS
EXPECTED
TO BE DECIDED UPON BY BOARD OF DIRECTORS AROUND END OF
MAY/BEGINNING OF JUNE 2023
    * TO ENSURE FUNDING UNTIL COMPLETION OF RIGHTS ISSUE,
COMPANY
INTENDS TO RAISE A BRIDGE LOAN OF APPROXIMATELY SEK 15 MILLION
FROM LENDERS.
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE IS EXPECTED TO TAKE
PLACE IN
JUNE 2023
    * ASSUMING A FULLY SUBSCRIBED RIGHTS ISSUE AND FULLY
EXERCISED TO
6 B TO HIGHEST EXERCISE PRICE, CAPITALIZATION INTENDS TO FUND
COMPANY'S OPERATIONS UNTIL Q1 2025

Source text for Eikon:  ID:nWkr4D1LD 
Further company coverage:  CLSRb.ST 

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