Smoltek's rights issue was heavily oversubscribed at 184%.
The Board resolved an over-allotment issue, bringing total gross proceeds to approximately SEK 82.1 million to accelerate commercialization of its carbon nanofiber technology.
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Carbon nanotechnology company
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In short: Smoltek successfully raised SEK 82.1 million through a rights issue and initiated a process to sell its semiconductor and hydrogen units.
The Board resolved an over-allotment issue, bringing total gross proceeds to approximately SEK 82.1 million to accelerate commercialization of its carbon nanofiber technology.
The funding will accelerate commercialization in semiconductors and green hydrogen, support customer development, industrialization, sales, and R&D toward positive cash flow from 2027.
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Smoltek's rights issue of units was subscribed to 184.4% with and without preferential rights. The company thus receives the entire issue amount of SEK 60.4 million.
The nanotechnology company Smoltek has released the information document for its rights issue of SEK 60 million. The Emission Guide raises a new flag.
Smoltek, which develops process technology and products based on carbon nanotechnology, has decided to carry out an issue consisting of shares and...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the...
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