Correction of subscription rate in PHI's rights issue
On July 17, 2018, the subscription period ended in Phase Holographic Imaging PHI AB’s (“PHI”) rights issue. Due to an administrative error, it was incorrectly reported on July 20, 2018, that the issue was subscribed to approximately 92.9 % including subscription commitments and that guarantee subscription of approximately 3.6 million SEK was activated. Correct information is that the rights issue was subscribed to approximately 69 % with preferential right and approximately 27 % without preferential right, corresponding to a total subscription of approximately 96 % including subscription commitments. Thus, guarantee subscription of approximately 2 million SEK is activated, which means that a lower guarantee subscription is used than previously communicated. The total outcome of the rights issue is not affected. PHI thus receives 46.3 million SEK, before issue costs of approximately 5.2 million SEK.
Sedermera Fondkommission is the financial advisor to PHI in connection with the rights issue.
Phase Holographic Imaging (PHI) leads the ground-breaking development of time-lapse cytometry instrumentation and software. With the first instrument introduced in 2011, the company today offers a range of products for long-term quantitative analysis of living cell dynamics that circumvent the drawbacks of traditional methods requiring toxic stains. Headquartered in Lund, Sweden, PHI trades through a network of international distributors. Committed to promoting the science and practice of time-lapse cytometry, PHI is actively expanding its customer base and scientific collaborations in cancer research, inflammatory and autoimmune diseases, stem cell biology, gene therapy, regenerative medicine and toxicological studies.