RhoVac AB (XSAT:RHOVAC) announced a private placement of 168,531 common shares at a price of SEK 0.179989 per share for gross proceeds of SEK 30,333.78 on January 10, 2017. The transaction will include participation from Swedish Growth Fund AB. Post the closing, the share capital of the company will be increased to SEK 1,469,347.92; representing a total of 8,163,044 common shares. The transaction has been approved at its extra ordinary general meeting.