Simris Group AB (PUBL) announced a private placement of 10,850,000 series B shares at an issue price of SEK 0.27 per share for gross proceeds of SEK 2,929,500 on May 29, 2023. The transaction will involve participation from two strategic investors, namely Mountain High Trust and Ran Goldstein. The transaction has been approved by the board of directors of the company at the annual general meeting.