Nordic Issuing

Ongoing case

Netmore Group AB

Back to all cases

Netmore Group AB

22 Nov - 6 Dec 2021Rights issue

Netmore Group AB (publ) is an IoT operator that connects properties, offers private and open 5G networks, and enables large-scale IoT through LoRaWAN.

Together with property owners, service providers within IoT and other partners, the Company builds secure, reliable and open IoT ecosystems that enable digitization in industries and industries in all-geographical markets.

Read more at the company's website


The offer in summary

Record date: 18 November 2021

Subscription period: 22 November 2021 - 6 December 2021

Subscription rights: Anyone who is a shareholder on the record date of 18 November 2021, of shares of series A and B in the Company, has a preferential right to subscribe for new B shares in the rights issue in relation to previous holdings, whereby one (1) existing share of series A or B gives a (1) subscription right. Ten (10) subscription rights entitles to subscription of one new B-share.

Subscription price: SEK 1.50 per share of series B

The offer: 28 739 515 B-shares

Trading in subscription rights: 22 November 2021 - 1 December 2021

Marketplace: Nasdaq First North Growth Market

Financial adviser: Redeye AB

Disclaimer

Due to restrictions in applicable law in the United States, Canada, Australia, Hong Kong, Singapore, South Africa, Switzerland, New Zealand, Japan, Russia, Belarus or other countries where participation requires further prospectuses, registrations or actions other than those under Swedish law, the offer to subscribe for securities in this offer is not directed at persons or others with registered address in any of these countries.