ExeoTech Invest AB announced a private placement of 39,300,000 shares at SEK 0.168 per share for gross proceeds of SEK 6,602,400 on June 2, 2016. The number of shares amounts to 458,985,664 shares after the issue. The issue price of the shares corresponds to 90% of 15 days volume weighted average share price until May 31, 2016.