MedicPen AB (OM:MPEN) announced a private placement of 8,500,000 common shares at SEK 0.60 per share for gross proceeds of SEK 5,100,000 on September 13, 2013. The company also issued a TO2 option per share. The shares were subscribed by Capensor Capital AB and a small number of private investors. The transaction was pursuant to the authorization from the annual general meeting on May 21, 2013. The company's shares increased by 21% pursuant to the transaction. By exercise of the TO2 option, the company will be allocated an additional SEK 4,700,000. The maturity of the option is through December 6, 2013.

On September 13, 2013, MedicPen AB closed the transaction.