Redeye comments on the TO6B outcome. With underwriting commitments, the TO6B was subscribed at 100%, meaning that CLS will receive approximately SEK23.5m before issue-related costs. Based on the outcome and CLS’ business update in January, we will provide a more extensive research update in relation to the company’s Q4 2023 report. Until then, we set our estimates and fair value range “under review.”
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