H&D Wireless’ rights issue subscribed to SEK 37.5 million

21 November 2019

H&D Wireless is a Swedish Internet of Things (IoT) and real time positioning (RTLS+GPS) cloud and platform system provider with the products Griffin and GEPS.

The subscription period for the company’s rights issue has ended and the company obtains SEK 37.5 million. The capital from the issue will be used for executing on the company’s strategy of increasing software sales.

Augment acted as financial advisor to the company in the rights issue.

Read full press release (in Swedish)