Brief: Arcario Acquires Vanir Finance, Carries Out Directed Share Issue

K33 AB (publ)

06/12/2023 08:27

Dec 6 (Reuters) - Arcario AB  ARCA.ST :
    * SECURES POSITIVE OPERATING CASH FLOW BY ACQUIRING VANIR FINANCE AS AND RAISES
APPROXIMATELY SEK
7.5 MILLION THROUGH A DIRECTED SHARE ISSUE
    * PURCHASE PRICE SHALL EQUAL SEK 25,200,000 AND SHALL BE PAID IN FORM OF 2,100,000,000 NEWLY
ISSUED SHARES IN ARCARIO
    * BOARD CARRIED OUT AN ISSUE OF 625,000,000 SHARES DIRECTED TO A LIMITED GROUP OF INVESTORS
TO AN
AMOUNT OF SEK 7.5 MILLION
    * CONSIDERATION SHARES WILL BE ISSUED AT A SUBSCRIPTION PRICE OF SEK 0.012 PER SHARE
    * CLOSING IS EXPECTED TO TAKE PLACE AROUND END OF JANUARY 2024
    * SHARE ISSUE WAS DIRECTED TO A LIMITED GROUP OF INVESTORS

Source text for Eikon:  ID:nMFN75zr1Z 
Further company coverage:  ARCA.ST 

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