Brief: Frisq Holding Decides On New Share Issue

Nosa Plugs AB publ

08/03/2022 07:12

March 8 (Reuters) - Frisq Holding AB (publ)  FRISQ.ST :
    * FRISQ HOLDING AB DECIDES ON A NEW SHARE ISSUE TO SECURE
THE
COMPANY'S FINANCIAL POSITION
    * DIRECTED ISSUE HAS BEEN CLOSED AND COMPRISES 18 150 000
SHARES
AT ISSUE PRICE OF ONE SEK PER SHARE
    * DIRECT ISSUE WILL ADD FRISQ APPROXIMATELY 18,15 MILLION
SEK
BEFORE TRANSACTION COSTS
    * IS EXPECTED TO HAVE SUFFICIENT FINANCIAL RESOURCES FOR
REST OF
2022
    * CURRENT REVENUES IN COMPANY TOWARDS END OF 2022 SHALL, ON
AVERAGE, EXCEED ESTIMATED MONTHLY COSTS

Source text for Eikon:  ID:nMFN2xQv76 
Further company coverage:  FRISQ.ST 

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