Idogen: Funding in place
Research Note
2020-03-20
10:33
This week, Idogen announced that its rights issue was subscribed by 88 percent. Idogen managed to raise SEK ~21 million after transaction costs at a subscription price of SEK 0.6. We adjust our Base case to SEK 0.8 (SEK 1.0) per share to account for the new number of shares and the proceeds received.
LS
Ludvig Svensson
Disclosures and disclaimers