Today after close, BONESUPPORT announced that it intends to carry out a directed share issue. The company is issuing up to 10 million new shares where the net proceeds will be used for a series of activities related to, amongst other, market introduction of CERAMENT G in the US, continued market investments in Europe and regulatory approvals in new markets. The pricing of the direct share issue is not yet disclosed, though the stock closed at just above SEK 40 per share, up some +12 percent. We will update our valuation tomorrow as soon as the results of the capital raise are out. All in all, we see this as a great positive event, which will mitigate any further capital risk and allows for a sound financial position to help launch CERAMENT G in the US next year.

info@redeye.se (Redeye.se)

Redeye AB - Redeye.se