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Nanologica Looks to Raise SEK111 Million via Rights Issue

MT Newswires·10/23/2026 03:05:35
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03:05 AM EDT, 10/23/2026 (MT Newswires) -- Nanologica (NICA.ST) plans to raise 110.5 million kronor through an issue of up to 65,753,968 units at 0.168 krona per share. Each unit, with preferential rights for existing shareholders, consists of 10 new shares of the life science company, according to a Friday release. The company has also set aside 5,952,381 units for oversubscription option. The subscription period is expected to run from Nov. 3 through Nov. 17. The rights issue is subject to the company securing commitments for 77.6% of the rights issue. Proceeds are earmarked to accelerate commercial growth and strengthen the path towards profitability, commercial scale-up and market processing, enhancing production capacity, and for working capital and financial flexibility.