Cline’s Share Issue Oversubscribed by 142.4 percent
The share issue that Cline Scientific AB completed in May was oversubscribed by 142.4 percent, of which 47.2 percent was subscribed with the support of subscription rights. Due to the large oversubscription, the board has decided to use the over-allotment option that was in the offer. The issue thus adds 10 million SEK to the company before issue costs, which are estimated at 0.6 million SEK. Billing notes for those who subscribe without preference will be sent out during the current week.The issue was carried out with the purpose of obtaining resources to take the next step in the company'