Letter from the CEO October 2022
The autumn continues to be characterized by a shaky existence on the financial markets in the form of continued rising inflation in combination with interest rate increases and higher electricity prices. Our capital acquisition process has, as a result of the world situation, dragged on and it is considerably tougher to raise capital today. We continue to meet with investors and the board has recently decided to lower the valuation of THiS Group to SEK 150 million, so that we can succeed in raising the capital we need. During the last board meeting, on 20 October 2022, the budget for 2022/