Final subscription rate of rights issue in Simris Alg AB amounts to 110 percent while the directed share issue and the two issues of warrants have been fully subscribed
The Rights Issue of approximately SEK 25.1 million in Simris Alg AB (publ) (“Simris Alg” or the “Company”), which was announced on March 23, 2022, (the “Rights Issue”) was oversubscribed. The final subscription rate of the Rights Issue was 110.1 percent. The Rights Issue provides the Company approximately SEK 25.1 million in proceeds before issuance costs. The directed share issue of 19,276,182 shares of series B to previous lenders where payment was made through a right of set-off has been fully subscribed, lowering the Company´s debt with SEK 6,168,378.24. The issues of warrants to