Gradientech announces oversubscribed rights issue
Gradientech AB (publ) announces that the company's rights issue, for which the subscription period ended on December 6, 2023, has been completed. The issue was oversubscribed amounting to a total of approximately 107 percent. Through the issue, Gradientech will receive the maximum planned amount of approximately SEK 25.8 million before deduction of issue costs.“To oversubscribe a rights issue, without guarantors, in the current strained financing climate, is both gratifying and an acknowledgment that we have many shareholders who think that we both have a promising product and that we