H100 Group raises approximately 10 million SEK through a directed share issue
ChainCatcher reported that Swedish listed company H100 Group AB has announced the completion of a directed share issue, issuing approximately 1.79 million new shares to TOBAM Bitcoin Alpha Fund at an issue price of SEK 5.58 per share, raising about SEK 10 million (nearly $1.07 million). The company stated that the issue price was determined through negotiations with the investor, and the funds raised will be used to enhance capital flexibility. The new shares were issued without granting pre-emptive subscription rights to existing shareholders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Eni Group and Repsol plan to transfer partial ownership of Venezuelan gas fields
Besennt states Iranian offshore oil in transit will drop to zero this week
Renault Group will invest over 10 billion euros in France in the coming years to develop electric vehicles.
The CEO of Renault Group stated that the group will invest more than 10 billion euros in France over the next few years to develop electric vehicles and affordable models. Thanks to the growth in electric vehicle production, Renault Group expects its domestic output in France to increase by more than 25% by 2026.
Crypto prices
More
