April 14, 2017 / 3:11 PM / 3 months ago

BRIEF-A1M Pharma says rights issue subscribed at 65.1 pct

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April 14 (Reuters) - A1M PHARMA AB (PUBL):

* SAID ON THURSDAY COMPLETED ISSUE OF NEW UNITS WITH PREFERENTIAL RIGHTS FOR EXISTING SHAREHOLDERS

* RIGHTS ISSUE WAS SUBSCRIBED AT 65.1 PERCENT CORRESPONDING TO 35.6 MILLION UNITS

* RAISES PROCEEDS OF SEK 80 MILLION BEFORE ISSUE AND GUARANTEE COSTS OF ABOUT SEK 17 MILLION

* UPON FULL EXERCISE OF WARRANTS, IT WILL FURTHER RAISE ABOUT SEK 26 MILLION AFTER ISSUE COSTS

Source text: bit.ly/2ofa0W8

Further company coverage: (Gdynia Newsroom)

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