Today begins the subscription period in Luxbright's rights issue
The offer in summary:
The offer refers to a new issue of shares. Anyone who was a shareholder in Luxbright on the record date of February 3, 2023 has preferential rights to subscribe for shares in relation to previous holdings of shares. One (1) held share gives the right to one (1) subscription right and one (1) subscription right gives the right to one (1) new share. The offer comprises a maximum of 44,290,039 newly issued shares. In the event that the Offer is fully subscribed, the Company will receive approximately SEK 35.4 million before deductions for costs related to the Offer. The company has received subscription commitments of approximately SEK 9.3 million, corresponding to approximately 26.2 percent of the issue volume, and guarantee commitments of approximately SEK 10.0 million, corresponding to approximately 28.1 percent of the issue volume. The Offer is thus covered by subscription obligations and guarantee commitments totaling approximately SEK 19.2 million, corresponding to approximately 54.3 percent of the Offer.
Subscription price: SEK 0.8 (brokerage not included)
Issue proceeds: Approximately SEK 35.4 million
Company value: Approximately SEK 35.4 million
Underwriting commitments & guarantee commitments: About SEK 19.3 million (about 54.3%)
Subscription period: 13 February – 2 March 2023
Prospect – Link