On March 11, 2021, the subscription period in Polymer Factory Sweden AB’s (“Polymer Factory” or the “Company”) issue of units ended. The issue of units was subscribed to a total of approx. 687 percent (incl. pre-subscription). Through the issue of units, 1,704,198 shares and 586,066 warrants of series TO 1 are issued, providing Polymer Factory with initially approx. SEK 13 million (before issue costs of approx. SEK 1.28 million), of which approx. SEK 1.8 million pertains to bridge loan received in February 2021 and approx. SEK 0.37 million is attributable to compensation to bridge financiers. Settlement notes are expected to be sent out today, on March 16, 2021. Sedermera Fondkommission has acted as financial advisor in the issue of units.
You can find the full press release below.