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BrainCool AB issues shares before listing on AktieTorget

Monday, 17 Mar 2014 04:47am EDT 

BrainCool AB:Says it decided on March 13 to issue up to 3,892,954 shares (representing about 9.7 million Swedish crowns) and a minimum of 2,800,000 shares (representing 7 million crowns) before the listing on AktieTorget.Says it received subscription commitments for about 2.7 million crowns and guarantees of about 4 million crowns.Says the subscription period lasts from March 27 until April 10.Says shares can be subscribed at 2.50 crowns per share.Says the first trading date is expected to fall on May 7.