Coala Life: Directed issue of SEK17m - Redeye

Redeye comments on Coala Life's directed issue of cSEK17m. We are pleased to observe that the primary stakeholders have demonstrated their endorsement of the directed issue, executed at a Volume-Weighted Average Price (VWAP) over a 10-day period without any discount. Additionally, we view the directed share issue as the most favourable solution for fulfilling Coala Life's immediate financing requirements.

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