Brief: SciBase Resolves Rights Issue Of About SEK 79.6 Mln

SciBase Holding AB (publ)

13/02/2023 14:33

Feb 13 (Reuters) - SciBase Holding AB (publ)  SCIB.ST :
    * RESOLVES ON A FULLY GUARANTEED RIGHTS ISSUE OF APPROXIMATELY SEK 79.6 MILLION
    * ISSUE IS COMPRISED OF APPROXIMATELY 52 PERCENT SUBSCRIPTION COMMITMENTS AND OF
APPROXIMATELY 48
PERCENT ISSUE GUARANTEES
    * USE OF PROCEEDS: FINANCE STRATEGIC FOCUS ON BROADER PUBLIC AND PRIVATE REIMBURSEMENT IN
U.S.,
APPROXIMATELY 10%.
    * USE OF ISSUE PROCEEDS: FINANCE CONTINUED MARKET EXPANSION IN U.S. AND GERMANY,
APPROXIMATELY 40
PERCENT.
    * USE OF ISSUE PROCEEDS: FINANCE CLINICAL- AND PRODUCT DEVELOPMENT WITHIN SKIN BARRIER
SEGMENT,
APPROXIMATELY 20%.
    * USE OF ISSUE PROCEEDS FINANCE ONGOING OPERATIONS, SUCH AS RESEARCH AND DEVELOPMENT, SALES,
MARKETING AND PRODUCTION, APPROXIMATELY 30%

Source text for Eikon:  ID:nWkr8jMqty 
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