Prebona raises SEK 5 million through a private placement - sets targets for 2025
Summary
Materials technology company Prebona raises SEK 5 million through a directed share issue. Furthermore, the company has set a target for 2025 to reach a positive cash flow on an ongoing basis from the end of the first quarter.The subscription price is set at SEK 1.80 per share, which can be compared to Fridays closing price of SEK 2.94, according to Millistream Trader.Prebona is carrying out two share issues, the first of which can be carried out with the support of an authorization from the general meeting, while the second part requires approval at an extraordinary general meeting. In the first issue, which is expected to strengthen the cash position by SEK 2.2 million before issue costs, the subscribers are NOWO Global Fund, John Moll, Bo Pettersson, Carl Lewander, Per Grundstr\xf6m, Christian M\xe5rtensson, JSDS Capital, Cap Mate, Claes Gardler and ATH Invest. It is directed to RGG-ADM Gruppen, Mankato Invest, Per Sj\xf6berg, Bo Tillman and UBB Consulting.The purpose of the issues is to provide the company with working capital and to finance increased sales resources. "We are pleased to welcome both new professional and existing long-term investors in the company", says Christian \xd6stberg, CEO of Prebona, in a comment.