On Wednesday, Karolinska Development (KD) announced that unconditional commitments corresponding to 94.2 percent of the convertible loan have agreed to set-off in the directed issue of shares. We welcome this decision; another outcome would have put KD in a situation beyond rescue. Still, the directed issue does not provide the company with any cash, which KD is in urgent need for. We are now following the process of capitalizing the company with great scrutiny.