Frill Holding AB conducts rights issue of SEK 15 million for implementation of a new strategy
STOCKHOLM, Tuesday, April 28, 2020 7:50 CET Summary · The Board of Directors of Frill Holding AB proposes a partially guaranteed rights issue of approximately SEK 15.15 million. The issue is guaranteed to the amount of SEK 12 million. · The Extraordinary General Meeting will be held on 18 May 2020 for approval of the rights issue. · The rights issue will ensure an intensified investment in Frill by a revised product and marketing strategy. · Financial target to achieve positive cash flow in 2021. Background to the Rights IssueIn 2019, Frill Holding AB ("Frill or