Brief: Ekobot Decides On Rights Issue Of About SEK 21.4 Mln

Newlist AB (publ)

16/01/2023 06:56

Jan 16 (Reuters) - Ekobot AB  EKOBOT.ST :
    * SAID ON SUNDAY, DECIDED TO CARRY OUT NEW SHARE ISSUE OF
MAXIMUM
OF 8,564,728 SHARES WITH PREFERENTIAL RIGHTS FOR EXISTING
SHAREHOLDERS
    * IN THE EVENT OF FULL SUBSCRIPTION IN RIGHTS ISSUE, CO
RECEIVES
ISSUE PROCEEDS OF ABOUT SEK 21.4 MLN BEFORE ISSUE COSTS
    * RIGHTS ISSUE IS COVERED TO ABOUT 85%, CORRESPONDING TO SEK
18.2
MLN, BY SUBSCRIPTION OBLIGATIONS AND GUARANTEE COMMITMENTS, OF
WHICH NAVUS VENTURES COMMITTED TO SIGN FOR TOTAL OF SEK 5.4 MLN
    * BOARD MAY DECIDE ON OVER-ALLOTMENT ISSUE IN FORM OF
DIRECTED NEW
ISSUE OF MAXIMUM OF SEK 5.4 MLN, IF RIGHTS ISSUE IS FULLY
SUBSCRIBED
    * NET CASH OF ABOUT SEK 18.5 MLN IS INTENDED TO BE USED FOR
REPAYMENT OF LOANS, RESEARCH, DEVELOPMENT, INVESTMENTS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN1cQbhM
 Further company coverage:  EKOBOT.ST  
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