Ngenic: SEK10.2m Liquidity boost - Redeye

Redeye comments on Ngenic's strategic decision to boost liquidity by issuing a convertible loan of SEK10.2m. The improved cash buffer is aimed at optimizing procurement processes and accelerating the pace of deliveries. We affirm that the terms associated with the convertible loan are equitable, and as a result, Ngenic is now in a stronger position to propel its growth trajectory forward.

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