Bawat Water Technologies AB announces that its working capital is estimated to be sufficient until the end of July, 2023, and that the previously announced financing is ongoing
Hørsholm, Denmark, 14th April 2023 - Bawat Water Technologies AB (“Bawat” or the “Company) announces that its working capital is estimated to be sufficient until the end of July, 2023, and that it is continuously working with the financing from the Nordic Environment Finance Corporation (“NEFCO”) and exploring the conditions to carry out a new share issue, as announced by the Company on March 24, 2023. The Company expects to announce further information regarding the financing from NEFCO and the new share issue in the near term. The Company has an ongoing dialogue with Nasdaq and its