Impact Coatings: Directed Share Issue

Research Note

2021-02-26

07:15

Redeye was not totally surprised by the announcement of a directed share issue. In terms of market sentiment, the timing is good. And additional financial resources could certainly be useful, in order to execute on the company’s longer-term growth plans. Impact Coatings is now well financed, which takes away some of the risk and gives us more confidence in the case. We adjust our valuation accordingly.

HA

ME

Henrik Alveskog

Mattias Ehrenborg

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