PHI’s board members and advisors complete warrant redemption
Phase Holographic Imaging PHI AB ("PHI") has earlier announced that US citizens participating in the warrant program for board members and advisors have not been able to redeem their warrants due to administrative banking issues. These issues have now been resolved, which means that the company will additionally receive approximately 1.8 MSEK and that all warrants in the two programs will be redeemed. The remaining warrants now being redeemed are held by Leland Foster, board member, and the advisors Cynthia Collins and Ron Lowy, who all subscribed for the shares in the middle of 2017 before