Insplorion acquires financing of SEK 10 million by issuing notes and warrants
Insplorion AB (publ) acquires financing of 10 MSEK within the agreement signed with European Select Growth Opportunities Fund (ESGO). The capital injection shall be used for accelerated commercialization of the company's battery sensor. Free warrants are given to existing shareholders to counteract dilution.On the evening of 22 January 2018, Insplorion's board of directors approved the first transaction with ESGO and granted the issue of a first tranche of notes and warrants not applying the shareholders' pre-emption following the extraordinary shareholders' meeting 17 January 2018 where a