Idogen announces outcome of exercise period for Series TO 4 subscription warrants
The board of directors of Idogen AB ("Idogen" or "the Company") today announces the outcome of the exercise of warrants of series TO 4 (“Subscription Warrants”), which were issued in connection with the Company's rights issue of units during the fourth quarter 2020. The subscription rate was 52.92 percent and Idogen receives approximately SEK 9.9 million before issue costs. Idogen issued a total of 9,121,654 units in the fourth quarter 2020, each unit containing one (1) share and one (1) Subscription Warrant. Each Subscription Warrant entitled the holder to subscribe for one (1) new