Fluicell AB (publ) announced that a private placement of 1,333,452 common shares at a price of SEK 17.4 per share for gross proceeds of SEK 23,202,064.8 on September 22, 2021. The transaction will include participation from a group of investors including Henrik Nilsson, Johan Stein and Dariush Hosseinian. The company will also issue 166,682 warrants, each warrant will entitle the holder to purchase a common share during the period from 16 May 2022 to 27 May 2022 to 60% of the volume-weighted average price during the period 25 April 2022 to 8 May 2022. The company will incur costs of SEK 1,700,000 in the transaction. Pursuant to the transaction, the share capital of the company will increase from SEK 1,319 036.29 to SEK 1,465,716.01. The transaction has been approved by board of directors of the company.