The subscription period for Raytelligence’s rights issue of shares with preferential rights to the company´s shareholders ended on 11 November 2019 and the rights issue was subscribed to 192 per cent, which means that Raytelligence will receive approximately SEK 10.8 million in issue proceeds before transaction costs.
The capital proceeds from the issue will be used for further commercialisation.
Augment acted as financial advisor to the company in the rights issue.