January 23, 2018 / 7:10 AM / 6 months ago

BRIEF-Insplorion Acquires Financing Of SEK 10 Mln

Jan 23 (Reuters) - INSPLORION AB:

* INSPLORION ACQUIRES FINANCING OF SEK 10 MILLION BY ISSUING NOTES AND WARRANTS

* (PUBL) ACQUIRES FINANCING OF 10 MSEK WITHIN AGREEMENT SIGNED WITH EUROPEAN SELECT GROWTH OPPORTUNITIES FUND

* ‍CAPITAL INJECTION SHALL BE USED FOR ACCELERATED COMMERCIALIZATION OF COMPANY’S BATTERY SENSOR​

* ‍10 MILLION SEK TRANCHE IS FIRST TRANCHE UNDER AGREEMENT​

* ‍TRANCHE ISSUANCE REFERENCE PRICE: SEK 24.2749​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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