Inzile raises approximately SEK 32.7 million through redemption of series TO 1 warrants
During 1 to 30 August 2020, holders of warrants of series TO 1 of Inzile AB (publ) were able to subscribe for shares through warrants. A total of 2,670,485 shares have been subscribed for, which means a subscription rate of 99.2 percent. Inzile thus raises approximately SEK 32.7 million before issue costs.- We are delighted at the outcome of the redemption of warrants, says Ragnar Åhgren, CEO of Inzile. The proceeds, together with existing cash, will finance the serial production of vehicles during the autumn as well as additional working capital requirements. Inzile issued 5,386,125