STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- On 19 February 2024, Metacon AB (publ) ("Metacon" or the "Company") announced the preliminary outcome for the Company's rights issue of up to 68,517,160 units, each unit consisting of six (6) shares and two (2) warrants of series TO 1 in the Company (the "Rights Issue"). The subscription price in the Rights Issue was SEK 1.74 per unit, corresponding to SEK 0.29 per share (the warrants of series TO 1 are issued free of charge). The Company has received the final outcome of the Rights Issue, which is in line with the preliminary results, which concludes that 34,215,600 units, corresponding to approximately 49.9 percent of the Rights Issue, have been subscribed for with the support of unit rights. Additionally, 2,727,145 units, corresponding to approximately 4.0 percent of the Rights Issue, have been subscribed for without the support of unit rights. In aggregate, the subscriptions with the support of unit rights and the applications for subscription without the support of unit rights correspond to approximately 53.9 percent of the Rights Issue. Hence, guarantee commitments of 20,531,392 units, corresponding to approximately 30.0 percent of the Rights Issue, will be utilized. The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue. Upon full exercise of all the warrants of series TO 1, at the maximum subscription price of SEK 0.44, the Company is expected to raise up to an additional approximately SEK 50.6 million before deduction of cost related to the warrants.