Seluxit Raises Capital

seluxit management

In light of the currently very strong capital markets and solid investor interest in companies admitted to trading on Nasdaq First North Growth Market, Seluxit’s Management and Board of Directors have decided to examine the possibilities of strengthening the company’s capital base by providing additional equity or debt financing.

In order to support and accelerate the realization of Seluxit’s product and growth strategy, possible strengthening of the capital base will, among other things, help to compensate for the COVID 19 pandemic’s impact on the company’s revenue in the latest and current financial year. A strengthening of the capital base will furthermore enable a significant increase in the company’s sales and marketing initiatives, as well as in the work of establishing new commercial and strategic partnerships.

Once these investigations and the consequent considerations have been completed, Seluxit’s Management and Board of Directors will publish a further briefing to the market.

Written by Mille Lux