Latest Breaking News On - Issue costs - Page 1 : comparemela.com
On May 21, 2021, the subscription period ended in Serstech AB´s (“Serstech”) rights issue. The rights issue was subscribed for a total of approx. SEK 26.9 million (excl. underwriting commitments), corresponding to a subscription rate of approx. 110 percent. Through the rights issue, a total of 12,572,412 shares will be issued and Serstech will be provided approx. SEK 24.5 million before issue costs. Settlement notes are expected to be sent out on May 26, 2021. Subscription and allotment in the rights issue The rights issue was subscribed to 26,878,004.40 SEK excluding underwriting commitments, corresponding to a subscription rate of approximately 110 percent. 12,572,412 new shares are issued and Serstech is thus provided approximately SEK 24.5 million before issue costs, which are estimated to amount to approximately SEK 2.25 million. 10,749,099 shares, corresponding to approximately 85.5 percent of the subscribed issue volume, are subscribed by shareholders with the
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