NeoDynamics: Secures short-term financing - Redeye

Yesterday, NeoDynamics released two press releases. Firstly, we learned that the company receives around SEK0.5m (before issue costs) from the warrants of series TO2. Secondly, we received the news that NeoDynamics has secured short-term financing by means of a loan (SEK10m). We are surprised about the short-term solution, as we previously argued it would be challenging. Furthermore, our bear case remains at SEK0, and base and bull case remain “under review” until the company provides further information on how it will go forward.

Länk till analysen i sin helhet: https://www.redeye.se/research/966057/neodynamics-secures-short-term-financing?utm_source=finwire&utm_medium=RSS