Press release 📈 Stocks 🌍 Sweden

SciBase Issues 60,000 Shares to Bergs Securities to Finalize Rights Offering

SciBase Holding AB completes its rights issue process by issuing 60,000 shares to guarantor Bergs Securities AB, marking the final stage of the capital raise.

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SciBase resolves on a set-off issue of 60,000 shares to Bergs Securities as guarantor, completing the rights issue process.

🎯 Key Takeaways

  • SciBase issued 60,000 shares to Bergs Securities AB as part of a set-off agreement.
  • The issuance marks the formal conclusion of the company's recent rights issue process.
  • Bergs Securities acted as the guarantor for the capital raising initiative.

📝 Executive Summary

SciBase Holding AB has officially resolved a set-off issue of 60,000 shares to Bergs Securities AB. This transaction serves as the final step in the company's recently completed rights issue, fulfilling its obligations to the guarantor.

❓ FAQ

What is the purpose of the 60,000 share issuance by SciBase?

The shares were issued to Bergs Securities AB as a set-off to fulfill obligations related to their role as a guarantor in SciBase's recently completed rights issue.