Apologies for the delayed response amidst the busy earnings season. Springvest now only guides on the amount of option fees it receives from rounds. In connection with the financial statement release, these were estimated to be EUR 5-7 million for the current year, which, at recent years’ fee levels, would require approximately EUR 55-65 million in raised funding. Currently, EUR 25 million has been raised from the beginning of the year, so the company is well on track in this regard. If the same pace continues in the latter half of the year, a positive earnings warning is very possible. It is, however, within the realm of possibility that for such consecutive rounds, the fee levels and structures differ from the usual, in which case the bar for raised funding would most likely rise slightly to reach the upper limit of EUR 7 million.
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