Xoma is carrying out a directed new share issue of approximately SEK 8.3 million before issue costs. The issue comprises approximately 22.8 million B shares at a subscription price of SEK 0.365 per share.The subscription price corresponds to a discount of approximately 15 percent to the volume-weighted average price on Spotlight Stock Market during the period 1–14 September.The proceeds will primarily be used for expanded testing and possible additional pilots with existing partners, operation and further development of FLOW projects, as well as ongoing working capital."Through this directed share issue, we have strengthened the company's financial position and created room for action to continue development in line with our strategy. The proceeds enable us to secure ongoing operations while accelerating ongoing projects and capitalizing on the business opportunities we see ahead. We are pleased with the confidence that both new and existing investors are showing in our long-term plan," says Mourad Lahdo, CEO of Xoma, in a comment.Transaction costs are estimated at approximately SEK 0.1 million. The issue entails dilution of approximately 17.7 percent of the shares and approximately 13.1 percent of the votes after the issue.