poLight ASA - Contemplated underwritten Rights Issue
As previously announced in the Q4 2023 earnings report on 27 February 2024, the Group’s cash deposits will fund poLight ASA’s (“PLT” or the “Company”) activities through the fourth quarter of 2024. To further strengthen the Company’s growth trajectory, PLT relies on equity financing to fuel its operational needs. The Company is exploring the possibility of securing minimum NOK 100 million via an equity raise, anticipated to be structured as an underwritten rights issue, with Pareto Securities AS (“PSEC”) advising the Company in this process. This fresh influx of capital is projected