Brief: Iconovo Carries Out Directed Issue, Rights Issue
26/11/2025 06:46
Nov 26 (Reuters) - Iconovo AB ICO.ST: SAID ON TUESDAY RESOLVED ON DIRECTED SHARE ISSUE OF ABOUT SEK 25 MILLION, AND ON ISSUE OF SHARES OF ABOUT SEK 24.6 MILLION WITH PREFERENTIAL RIGHTS FOR EXISTING SHAREHOLDERS DIRECTED ISSUE IS DIRECTED TO FÄRNA INVEST AB AND FSG FUND II AB SUBSCRIPTION PRICE PER SHARE IN ISSUES AMOUNTS TO SEK 1.15 MAIN PURPOSE OF ISSUES IS TO ENSURE CONTINUED OPERATION FOR AT LEAST 12 MONTHS, WITH UNDIMINISHED PROGRESS IN EXISTING PROJECTS THAT ARE NOW SUBJECT TO ACTIVE OUT-LICENSING RIGHTS ISSUE IS COVERED TO 100% BY SUBSCRIPTION UNDERTAKINGS AND GUARANTEE COMMITMENTS FROM BOARD MEMBERS AND EXISTING SHAREHOLDERS Source text for Workspace: nMFNb4byDj Further company coverage: ICO.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))