InCoax Networks AB: InCoax Networks carries out a directed share issue of approximately SEK 11.2 million, partly conditional on subsequent approval from an extraordinary general meeting
Summary
InCoax Networks is raising about SEK 11.2 million through a directed share issue split into two tranches. One tranche is already approved under board authorization, while the second tranche still needs approval at an extraordinary general meeting on July 6, 2026. The company also secured a new SEK 5 million loan facility on top of an existing SEK 25 million facility. Management says the capital will support commercial execution, working capital, and the push to convert active operator discussions into orders in the second half of 2026.
Funding
Amount
$1.2M
Total raised
Date
June 15, 2026
Announcement date
Investors
-
Lead investors
Company
incoax.com
Funded company
Classifications
industries
Entertainment
applications
ERP & Process Management
AskAI Classifications
Labels
Network Management Software
Telecommunications Software
SaaS
Linked Companies
InCoax Networks AB
$1M to $5M