NeoDynamics is investigating options to raise long-term capital to enable commercialization of NeoNavia® in the US
On 16 February 2023, NeoDynamics AB (publ) (“NeoDynamics” or the “Company”) announced that the Company’s largest shareholder, Gryningskust Holding AB had provided a loan of SEK 14m to kick-start the planned launch of NeoNavia® in the US. The loan is intended to be converted into shares if the Company issues new shares in the future. The loan matures on 15 August 2023.The board of directors and management of NeoDynamics are currently exploring various options to raise long-term capital to enable commercialization and execution of the Company’s US strategy, following the FDA clearance