Stayble Therapeutics Gets Subscription Commitments, Top Guarantee In Rights Issue From Major Shareholders

March 24(Reuters) - Stayble Therapeutics AB:

* SAID ON THURSDAY CO RECEIVES ADDITIONAL SUBSCRIPTION COMMITMENTS, FREE TOP GUARANTEE IN UPCOMING RIGHTS ISSUE FROM FROM CO'S LARGEST SHAREHOLDERS CHALMERS VENTURES, ROBERT JOKI, ALMI INVEST VÄSTSVERIGE CORRESPONDING TO TOTAL OF ABOUT SEK 3.7 MLN

* RIGHTS ISSUE IS COVERED TO ABOUT 85% (CORRESPONDING TO ABOUT SEK 30 MLN) BY SUBSCRIPTION COMMITMENTS, ISSUE GUARANTEES

* CO HAS INCREASED SHARE OF ISSUE GUARANTEES FROM PREVIOUS ABOUT SEK 24.1 MLN TO TOTAL OF ABOUT SEK 25.9 MLN THROUGH FREE TOP GUARANTEE PROVIDED BY ALMI INVEST VÄSTSVERIGE

* ADDITIONAL FREE TOP GUARANTEE IN RIGHTS ISSUE AMOUNTS TO ABOUT SEK 1.8 MLN

* GUARANTEE, SUBSCRIPTION COMMITMENTS ARE NOT SECURED IN EVENT OF PRE-TRANSACTION, BANK GUARANTEE OR THE LIKE

* CO ALSO ANNOUNCES THAT IT HAS INCREASED SHARE OF SUBSCRIPTION COMMITMENTS FROM PREVIOUS ABOUT SEK 4.1 MLN TO TOTAL OF ABOUT SEK 6.0 MLN THROUGH INCREASED SUBSCRIPTION COMMITMENT OF ABOUT SEK 0.3 MLN FROM CHALMERS VENTURES, NEW SUBSCRIPTION COMMITMENT OF ABOUT SEK 1.6 MLN FROM ROBERT JOKI

* ADDITIONAL SUBSCRIPTION COMMITMENT IN RIGHTS ISSUE THUS AMOUNTS TO ABOUT SEK 1.9 MLN

Source text for Eikon: Further company coverage: (Gdansk Newsroom)