Isofol’s rights issue oversubscribed
GOTHENBURG, Sweden, June 3, 2020 - Isofol Medical AB (publ) (Nasdaq First North Premier Growth Market: ISOFOL) (“Isofol” or the “Company”) fully guaranteed new share issue with preferential rights for the Company’s existing shareholders (the “Rights Issue”), which ended on June 1, 2020, was oversubscribed. Due to the strong demand from strategic investors, a directed issue with deviation from the shareholders’ preferential rights of approximately SEK 30 million (the “Over-Allotment Option”) was exercised. Through the Rights Issue and the Over-Allotment Option, Isofol will receive proceeds