April 28, 2020 / 9:23 AM / a month ago

BRIEF-Cline Scientific Carries Out New Share Issue Of SEK 7 Mln

April 28 (Reuters) - Cline Scientific AB:

* SAID ON MONDAY CARRIES OUT NEW SHARE ISSUE

* TO ISSUE UP TO 166,666 SERIES A UNITS AND UP TO 2.6 MLN SERIES B UNITS, EACH CONSITING OF 1 SHARE AND 1 WARRANT

* ISSUE TO GENERATE PROCEEDS OF ABOUT SEK 7 MLN BEFORE ISSUE COSTS

* ISSUE PRICE SEK 2.50 PER UNIT

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Further company coverage: (Gdansk Newsroom)

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