BrainCool AB (publ) draws down a second tranche of convertibles of SEK 5 million
BrainCool AB (publ) ("BrainCool") draws down a second tranche from European Select Growth Opportunities Fund (the "Investor") and issues free warrants to its shareholders.On 22 November 2017 BrainCool AB (publ) ("BrainCool") entered into an investment agreement with the Investor (the "Agreement") (see press release dated 23 November 2017). On 24 August 2018, BrainCool’s board of directors decided to draw down a second tranche pursuant to the Agreement as well as the issuance of the Notes and warrants under this second tranche. The issuance is within the limitations of the authorization