Bawat Water Technologies AB
3 Mar - 17 Mar 2022IPO
Bawat Water Technologies designes a system for Balistic water management. Bawats patented ballast water management system is a cost efficient, flexible, and sustainable solution to the problem of ballast water treatment.
While ballast water is essential for modern shipping operations, it also poses serious ecological, economic and health problems due to the multitude of marine species and pathogens inadvertently transferred between ecosystems when the ballast water is dumped. Using otherwise wasted excess onboard engine heat to achieve pasteurization, Bawat’s system offers several advantages over other ballast water treatment technologies. In addition to negligible operating cost and environmental impact, the advantages include better efficacy, the absence of harmful chemicals, and not least, the ability to function equally well in seawater, brackish water, and freshwater. Bawat’s system is suited for on-board vessel solutions and at-port (land based) containerized installations and is the only heat-based system on the market today. The system is approved by both the International Maritime Organization and the U.S. Coast Guard.
The offer in summary
Subscription period: 3 March - 17 March 2022
Subscription price: SEK 19.50
Minimum registration: 250 Units
Unit : Each Unit consist of three (3) new shares in Bawat and one (1) warrant.
Offer: 2 300 000 units
Valuation (pre-money): 200 MSEK
Planned first day of trading: 28 March 2022
Marketplace: Nasdaq First North Growth Market Sweden
Financial advisor: Translution Capital
Subscription must be made via your bank by following their routines and guidelines.
Contact your bank to sign up for the offer. If your bank can not help you register, you can always open an account via Nordnet and Avanza and register at the following links:
Subscribe directly to Avanza here.
Subscribe directly to Nordnet here.