On December 18th, STENOCARE announced that the company has resolved a rights issue of up to DKK 20.2m at a subscription price of DKK 0.5. The capital increase is conditional upon a minimum of a total subscription rate of approximately 45 percent, providing the Company with approximately DKK 9.1m before deduction of transaction related costs. STENOCARE has received legally binding written pre-subscription commitments and compensation free guarantees from management and existing shareholders of DKK 1.5m, corresponding to approximately 7.4% of the total Rights Issue.
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