Bawat: Updates on its working capital situation and financing plan

Friday after the market closed, Bawat updated on its working capital situation and financing plan. The company estimates that it has sufficient working capital until the end of July 2023, and the financing plan regarding financing from NEFCO and the new share issue is still ongoing. Further information is expected to be announced in the near term.
In relation to that, Bawat also communicates that it has an ongoing dialogue with Nasdaq and its Certified Adviser regarding the status of Bawat’s working capital.
Read the full announcement here: https://view.news.eu.nasdaq.com/view?id=bfff1640399b05ec1287e772e16aea478&lang=en&src=listed
Disclaimer: HC Andersen Capital receives payment from Bawat for a DigitalIR/Corporate Visibility agreement. /Kasper Lihn 15:21, 15-04-2023.