Nordic Issuing

Ongoing case

Serstech AB

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Serstech AB

7 May - 21 May 2021Rights issue

Serstech AB develops instruments and software that are primarily used by security authorities such as customs, police and rescue services worldwide.

The instruments can with high precision identify over 14,000 different substances, often through packaging materials, which means that the packages do not need to be opened. This is especially important in the security industry, which handles various forms of hazardous chemicals, such as drugs, explosives and other toxic substances.

Demand for digital handheld tools continues to increase in the security market, and despite the fact that there are several other players in the market, Serstech is the fastest growing. The competitive advantages speak for themselves with their smaller, lighter and more cost-effective instruments. The software is also significantly more competent and in March 2021, two new instrument models and a new software platform were launched.

Read more on the company's website

The offer in summary

Record date: 5 May 2021

Subscription period: 7 May - 21 May 2021

Trading in subscription rights: 7 May - 18 May 2021

Terms: Shareholders in Serstech AB by the record date of 5 May 2021 will obtain the right to subscribe for shares in the rights issue. For each existing share, one (1) subscription right is received. Seventeen (17) subscription rights entitles subscriptions of three (3) new shares.

Subscription price: SEK 1.95

Payment day: Payment and subscription form shall be Nordic Issuing at hand no later than 21 May 2021

Share ISIN: SE0005365095

Trading in BTA: 7 May 2021 - until the rights issue has been registered with the Swedish Companies Registration Office, which is expected to take place in the beginning of June 2021

The offer comprises a maximum of 12,572,412 shares, corresponding to approximately MSEK 24,5.


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.