Brief: Everfuel To Raise NOK Equivalent Of EUR 20-30 Million In Private Placement

Everfuel A/S

09/03/2023 15:33

March 9 (Reuters) - Everfuel A/S  EFUEL.OL :
    * EVERFUEL LAUNCHES PRIVATE PLACEMENT OF NEW SHARES TO RAISE
GROSS
PROCEEDS OF THE NOK EQUIVALENT OF EUR 20 - 30 MILLION
    * SUBSCRIPTION PRICE PER OFFER SHARE WILL BE SET BY
COMPANY'S
BOARD ON BASIS OF ACCELERATED BOOKBUILDING PROCESS CONDUCTED BY
MANAGERS
    * PROCEEDS WILL BE USED TOWARDS UPSTREAM ACTIVITIES
    * PRELIMINARY Q4 REVENUE WAS APPROXIMATELY EUR 1.0 MILLION
AND
EBITDA WAS APPROXIMATELY NEGATIVE EUR 3.2 MILLION
    * BOOKBUILDING IS EXPECTED TO CLOSE ON 10 MARCH 2023

Source text for Eikon:  ID:nWkr2zwT6s 
Further company coverage:  EFUEL.OL 

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