"Intellego Technologies Secures SEK 210 Million in Directed Share and Warrant Issue to Accelerate Growth and Expansion"

"Setterwalls has supported Intellego Technologies AB in a private placement, raising SEK 210 million through a directed issue of shares and warrants. The funds will help accelerate Intellego's distribution plan and enable potential acquisitions. Intellego Technologies specializes in developing color indicators using patented photochromic ink for various industries. If all warrants are exercised, the company could raise an additional SEK 614 million. Intellego Technologies, founded in 2011, is headquartered in Stockholm and listed on Nasdaq First North Growth Market."

Setterwalls law firm participated in the transaction, assisting Intellego Technologies AB in connection with a private placement through a directed issue of shares and warrants. Heights Capital Management, Inc. was the counterparty in the transaction. The transaction involved Intellego Technologies raising initial gross proceeds of SEK 210 million through a directed issue of shares and warrants. The funds will support the company’s accelerated distribution plan and position it for potential acquisitions. Additionally, if all warrants issued in the directed issue are exercised, Intellego Technologies could receive further gross proceeds of SEK 614 million. Intellego Technologies specializes in developing and manufacturing color indicators for ultraviolet light irradiation, leveraging its patented photochromic ink technology. The Setterwalls team included Ola Grahn, Ludwig Isell Lind af Hageby, Elsa Economou Olsson, and Jonathan Lindström. Their practice areas included Corporate Law and Equity Capital Markets.

"Intellego Technologies Secures SEK 210 Million in Directed Share and Warrant Issue to Accelerate Growth and Expansion"

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