Xintela: Extending the financial runway
12 december, 10:49
12 december, 10:49
Xintela’s recent rights issue was subscribed to 58 per cent, corresponding to MSEK 42, of which MSEK 24 was a loan offset. In addition, Fenja Capital provides a loan facility of MSEK 20. According to our forecast, these measures extend the financial runway until Q3 2025 and give Xintela resources to focus on new and ongoing partner discussions. After dilution, our fair value amounts to SEK 1.04 (1.28) per share.
Read the full report here.
About Market Focus
The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.
This is a press release from Västra Hamnen Corporate Finance AB.
Web: vhcorp.se
Twitter: @vhcorp_se (https://x.com/vhcorp_se)
12 december, 10:49
Xintela’s recent rights issue was subscribed to 58 per cent, corresponding to MSEK 42, of which MSEK 24 was a loan offset. In addition, Fenja Capital provides a loan facility of MSEK 20. According to our forecast, these measures extend the financial runway until Q3 2025 and give Xintela resources to focus on new and ongoing partner discussions. After dilution, our fair value amounts to SEK 1.04 (1.28) per share.
Read the full report here.
About Market Focus
The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.
This is a press release from Västra Hamnen Corporate Finance AB.
Web: vhcorp.se
Twitter: @vhcorp_se (https://x.com/vhcorp_se)
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