Brief: InCoax Carries Out A Rights Issue Of About SEK 50.1 Mln

InCoax Networks AB

13/09/2022 07:45

Sept 13 (Reuters) - InCoax Networks AB  INCOAX.ST :
    * INCOAX CARRIES OUT A RIGHTS ISSUE OF APPROXIMATELY SEK
50.1
MILLION AND PROPOSES AN AUTHORIZATION FOR AN OVER-ALLOTMENT
ISSUE OF AN ADDITIONAL APPROXIMATELY SEK 15.0 MILLION
    * HAS RECEIVED SUBSCRIPTION UNDERTAKINGS OF APPROXIMATELY
SEK 41.5
MILLION, CORRESPONDING TO APPROXIMATELY 82.9 PER CENT OF RIGHTS
ISSUE
    * COMPANY HAS ENTERED INTO AN AGREEMENT WITH SAUGATUCK
INVEST AB
REGARDING A GUARANTEE COMMITMENT WITHOUT REMUNERATION OF
APPROXIMATELY SEK 8.1 MILLION, WHICH TOGETHER WITH SUBSCRIPTION
UNDERTAKINGS SECURE RIGHTS ISSUE TO APPROXIMATELY 99,1 PER CENT

Source text for Eikon:  ID:nWkr6mW0dt 
Further company coverage:  INCOAX.ST 

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