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Smart Eye: Investment case de-risked - Redeye

Redeye states that the Smart Eye investment case is now playing out exactly according to plan. Research is growing strongly, the accelerated growth of Automotive has begun, and cost control is held tight. Furthermore, the new credit-facility of SEK50m is greatly de-risking the investment case as it practically eliminates the risk of an additional capital raise. Redeye raises its fair value range.

Redeye states that the Smart Eye investment case is now playing out exactly according to plan. Research is growing strongly, the accelerated growth of Automotive has begun, and cost control is held tight. Furthermore, the new credit-facility of SEK50m is greatly de-risking the investment case as it practically eliminates the risk of an additional capital raise. Redeye raises its fair value range.
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