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Saniona: Redeye: Saniona - Our View of the Outcome of TO1 Warrants

Yesterday, Saniona announced the outcome of the warrants of series
TO1. The subscription rate was 66 percent, and the company will
receive net proceeds of approximately SEK 24 million. The outcome
doesn't have any substantial impact on our estimates, and we
reiterate our fair values, with a Base Case of SEK 110 per share. Our
update from the beginning of May is still highly relevant for how we
view the case.

Read more in the research update by Anders Hedlund:

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