H&D Wireless proposes rights issue of SEK 52 million

20 september 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 proposed rights issue of SEK 52.4 million is a part of the company’s financing plan to provide funds to accelerate software sales within the most important segments and thereby gain business from the large pipeline of Swedish and international customers that the company posses.

Augment is acting financial advisor to H&D Wireless in connection with the transaction.

Read full press release (in Swedish)