Precise Biometrics’ rights issue significantly oversubscribed
Precise Biometrics AB has successfully completed a rights issue with preferential rights, which has supplied the Company with SEK 54.0 million prior to issue costs. The rights issue was subscribed to 178% and is implemented to finance further expansion and increase market penetration in prioritized segments.A total of 32,839,867 shares were subscribed to with the exercise of subscription rights, corresponding to 97.3% of the number of shares. In addition 900,333 shares were subscribed for without preferential rights, corresponding to 2.7% of the number of shares. The rights issue thereby