Here are Tommi’s comments on EcoUp’s share issue and its completion. 
EcoUp announced yesterday that it has carried out the directed share issue it announced in December. The issue was fully subscribed, and the company raised gross proceeds of approximately 3 MEUR. The arrangement strengthens the company’s balance sheet and enables the continuation of growth investments in line with the strategy, but at the same time causes significant dilution for existing shareholders. We will update our view on the stock in the coming days, taking into account the new number of shares and the strengthened cash position. We previously commented on the share issue plans here.