Gapwaves: Strengthened financing

Research Note

2019-10-02

10:37

Today, Gapwaves announced that it has completed a directed share issue bringing gross proceeds of SEK 74m. We have a positive view on the capital injection through which Gapwaves secures the funding needed during the ramp-up phase over the two upcoming years. Investors include a number of Swedish and international institutional investors, which is reassuring.

DB

Dennis Berggren

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