Brief: Cyber Security 1 Successfully Arranges Funding Of Up To Euro EUR 30 Mln

Cyber Security 1 AB

20/12/2019 15:37

Dec 20 (Reuters) - Cyber Security 1 AB  CYB1.ST :
    * HAS SUCCESSFULLY ARRANGED FUNDING OF UP TO EURO EUR 30
MILLION
    * PACKAGE COMPRISES OF EQUITY BACKSTOP OF UP TO EURO EUR 25
MILLION AND FURTHER UP TO EURO EUR 5 MILLION
    * PACKAGE COMPRISES EQUITY BACKSTOP AS PIPE INVESTMENT INTO
POTENTIAL BUSINESS COMBINATION WITH US BASED SPAC
    * HAS ENTERED INTO DIRECT PLACEMENT AGREEMENT WITH LDA
CAPITAL LLC
    * LDA CAPITAL AGREED TO PROVIDE CO WITH UP TO EURO EUR 30
MILLION
IN COMMITTED CAPITAL OVER NEXT 36 MTHS

Source text for Eikon:  ID:nGNE3SBYhS 
Further company coverage:  CYB1.ST 

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