ABGSC acted as sole manager and bookrunner in connection with the DKK 75m private placement in GreenMobility

Today, GreenMobility announced the successful completion of a private placement of 559,702 new shares, representing 23.4% of current outstanding shares.
The shares were priced at DKK 134.00, equal to last close on October 16, 2020 and corresponding to gross proceeds of DKK 75m.
The net proceeds will be used to support GreenMobility’s growth strategy, including the launch and subsequent operation of planned and new cities. Additionally, part of the proceeds will be utilised in funding of existing operational cities until these reach profitability as observed in Copenhagen, as well as development and strengthening of central operations and consolidation of balance sheet.