Azelio receives SEK 52 million in proceeds from exercise of warrants
During 2017, Azelio issued warrants in connection with a new share issue. The subscription period expired on 31 October 2018, with Azelio receiving SEK 52 million after 95 percent of the warrants were exercised. In June 2018, for the first time, Azelio demonstrated its unique solar energy storage solution for sustainable and cost-effective power generation at all hours of the day. Since then, potential customers from more than 50 countries have contacted Azelio with requests of its technology."We have a positive development within Azelio, with a good response to our technology. We have