LightLab Sweden AB, listed on Nasdaq First North, develops, markets and offers technology for cost-effective and environmentally friendly production of light focusing on UV purification.
LightLab is now carrying out a 90% guaranteed rights issue which, in case of full subscription, will provide the company with SEK 74.7 million. The subscription period expires on March 19, 2018.
The main motive for the rights issue is to create financial resources for LightLab to be able to complete its ongoing commercial processes and opportunities in the field of UV treatment, especially in the kitchen appliances market.
Lindahl law firm has assisted in the transaction as a legal adviser. Lindahl's team consisted of Gunnar Mattsson (responsible partner), Mattias Prage, Mikael Olsson and Emira Peterson.
