SPAGO Imaging is issuing shares
The Board of SPAGO Imaging AB (publ) has decided to conduct a new share issue of 21 MSEK in connection with the planned listing of the company on AktieTorget. Priority will be given to shareholders of Accelerator Nordic AB and specially invited external investors. The new issue will primarily fund the pre-clinical studies needed to take the company’s main project to clinical trials and out-licensing.
The subscription price per share is 14.19 SEK (pre-money valuation of SPAGO Imaging 26 MSEK), and the subscription period is 20 November to 5 December 2012. A maximum of 1 479 543 shares will be issued and the share capital increased by a maximum of 1 479 543 SEK. If fully subscribed, the share issue will give SPAGO Imaging 21 MSEK before issue costs. Full terms and conditions of the share issue can be found in the memorandum accessable through the link below.