Article
ABG Sundal Colier acted as Sole Bookrunner in the SEK 110 million share issue in M.O.B.A.
Transactions
On 19 May 2021, M.O.B.A. Network announced the successful completion of a directed share issues of SEK 110 million at a price of SEK 206 per share, corresponding to the last closing price. The transaction was oversubscribed by new and existing institutional and professional investors, including TIN Fonder and Alcur Fonder. M.O.B.A. Network will use the proceeds from the directed issue to finance the acquisition of Magic Find Inc. – a leading player within gaming streaming on YouTube and owner of a number of well-known gaming communities. The proceeds will also be used to finance further organic growth and possible future acquisitions.