Coala Life: Directed issue of SEK17m

Research Note



Redeye comments on Coala Life's directed issue of cSEK17m. We are pleased to observe that the primary stakeholders have demonstrated their endorsement of the directed issue, executed at a Volume-Weighted Average Price (VWAP) over a 10-day period without any discount. Additionally, we view the directed share issue as the most favourable solution for fulfilling Coala Life's immediate financing requirements.



Jessica Grunewald

Johan Unnerus

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