Brief: XMReality Raises About SEK 56.3 Mln Through Private Placement

XMReality AB (publ)

17/02/2021 11:14

Feb 16 (Reuters) - XMReality AB  XMR.ST :
    * SAID ON TUESDAY WILL RECEIVE ABOUT SEK 56.3 MLN BEFORE
TRANSACTION COSTS THROUGH HEAVILY OVERSUBSCRIBED PRIVATE
PLACEMENT
    * SUBSCRIPTION PRICE AMOUNTED TO SEK 8.25 PER SHARE,
DETERMINED
THROUGH ACCELERATED BOOKBUILDING PROCESS
    * INTENDS TO USE PROCEEDS FOR SALES AND MARKETING ACTIVITIES
IN
ITS MAIN MARKETS TO SUPPORT CO'S CONTINUED BUSINESS DEVELOPMENT
AND EXPANSION PLANS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL4b67SD
 Further company coverage:  XMR.ST  
   
    
    

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