Gradientech closes SEK 21 million in oversubscribed rights issue
Uppsala, April 30, 2020. Gradientech has closed a rights issue among its existing shareholders for a total of USD 2.1 million (SEK 21 million). The rights issue was oversubscribed with a subscription rate corresponding to 135 percent.“The current pandemic has of course resulted in financial anxiety.This adds uncertainties for all companies relying on venture capital, even for companies like Gradientech working in the absolute front-line with innovations solving global health threats such as antibiotic resistance”, says Sara Thorslund, CEO of Gradientech. “We are very happy for the