KDventures cuts AnaCardio carrying value to SEK 30.6 million on down-round Series B

• KDventures will cut AnaCardio’s carrying value to about SEK 30.6 million from SEK 60.6 million due to a lower financing valuation.
• The non-cash write-down totals about SEK 30 million, a 49.5% negative value adjustment.
• Ownership in AnaCardio is expected to fall to about 2.3% on a fully diluted basis once the Series B closes.

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