On Thursday 14 March 2024, ADDvise announced the successful completion of a directed share issue of approximately SEK 100 million. The subscription price was set at SEK 9.40 and was determined through an accelerated book building procedure conducted by ABG Sundal Collier as Joint Global Coordinator and Joint Bookrunner.
The directed share issue was directed to selected Swedish and international institutional investors and was subscribed for by, among others, Länsförsäkringar Fonder and Thomas Eklund.
ADDvise intends to use the net proceeds from the share issue to create financial preparedness to be able to act on acquisition opportunities in accordance with the company’s communicated growth strategy, as well as for general corporate purposes.
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