Cirio advised Artificial Solutions International AB on the deal.
The board of directors of Artificial Solutions International AB resolved on a new share issue subject to approval by an extraordinary general meeting to be held on 24 May 2021.
The issue volume and the subscription price were determined by an accelerated book-building process. The company receives a gross proceeds of SEK 120 million, subject to approval of the share issue by the extraordinary general meeting.
Artificial Solutions a leading specialist in Conversational AI. Artificial Solutions is listed on Nasdaq First North Growth Market.
The Cirio team was headed by Annika Andersson (Picture), together with Oscar Lunde, Jesper M Johansson and Louise Åberg (Capital Markets and Public M&A).
Law Firms: Cirio Law Firm;
Clients: Artificial Solutions International;