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Organo Clic applies for listing on Nasdaq

Organo Click raises gross SEK 75 million in new equity, and applies for listing on Nasdaq First North.
Cleantech company Organo Click raises gross SEK 75 million in new equity and intends to list its shares on Nasdaq First North with first day of trading expected on 16 February 2015. The capital will be used to scale up the companies sales and marketing activities for its green chemical and material technologies.

OrganoClick intends to use the proceeds from the Private Placement primarily to scale up the sales and marketing organization in the business areas Performance textiles & nonwoven and Fiber composites & paper products, as well as to support the current strong growth in the business area Functional wood.

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