Brief: Incoax Says 34.1 Mln Shares Were Subscribed For, 94.6 % Of Rights Issue

InCoax Networks AB

26/01/2024 11:57

Jan 26 (Reuters) - InCoax Networks AB  INCOAX.ST :
    * 34,107,251 SHARES WERE SUBSCRIBED FOR BY EXERCISE OF
SUBSCRIPTION RIGHTS, CORRESPONDING TO ABOUT 94.6 % OF RIGHTS
ISSUE
    * INCOAXWILL RECEIVES TOTAL PROCEEDS OF ABOUT SEK 52.6
MILLION
BEFORE TRANSACTION COSTS THROUGH RIGHTS ISSUE
    * DILUTION FROM RIGHTS ISSUE AMOUNTS TO ABOUT 33.3% OF VOTES
AND
CAPITAL IN COMPANY

Source text for Eikon:  ID:nWkr6pQYKG 
Further company coverage:  INCOAX.ST 

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