Gapwaves: Comment on the rights issue outcome
Research Note
2018-05-15
15:28
Gapwaves announced that investors subscribed for 67.1% of the offering, which thus was lower than the subscription commitments of 72%. This implies that Gapwaves raised about SEK 110m (before excluding transaction costs) through the rights issue. Hence, we have updated our valuation based on the announced outcome.
DB
Dennis Berggren
Disclosures and disclaimers