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H&D Wireless share issue strongly oversubscribed

– Preliminary date for listing on Nasdaq First North is December 20, 2017

[Stockholm, Sweden, December 13, 2017.] The share issue for H&D Wireless, the Swedish provider of IoT Cloud Platform and RTLS Solutions, was a success. The share was subscribed with 170 per cent of the shares available in the issue where existing shareholders had preference. In total, the company has before issue costs added liquid funds of SEK 24.0 million in the rights issue and 2.4 million in a directed issue for overallocation.

Press release (PDF)