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Inzile: Raising SEK 250 million - Redeye

Inzile announced yesterday that it is planning to raise SEK 250 million to support its international expansion. This is a substantial amount, and in our view, probably sufficient to fund any near-term business plans. Redeye was happy (and a bit surprised) to see that subscription price will be SEK 25 per share, a significant premium to current share price. Given this information our conclusion is that the deal with the new investors is already sealed.

Inzile announced yesterday that it is planning to raise SEK 250 million to support its international expansion. This is a substantial amount, and in our view, probably sufficient to fund any near-term business plans. Redeye was happy (and a bit surprised) to see that subscription price will be SEK 25 per share, a significant premium to current share price. Given this information our conclusion is that the deal with the new investors is already sealed.
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