Marine energy developer Minesto raises US$5 million from warrants program
- Minesto AB
- Stockholm Corporate Finance AB
- MAQS Advokatbyrå
Marine energy developer Minesto has concluded its warrants program of series TO 2. In total, 98% of outstanding warrants were exercised, which means that Minesto will add approximately SEK44.4 million (US$4.92 million) in proceeds before issue costs to the commercialisation activities of the company’s unique subsea kite technology.
If you are an existing subscriber please sign in to read this article in full.