SeaTwirl AB has resolved to launch a rights issue of approximately SEK 28.0 million, priced at SEK 15.6 per share. The offering is fully covered by subscription and guarantee undertakings, with proceeds earmarked for the 200 kW turbine installation and the VERTI-GO project. The subscription period runs from 24 November 2026 to 8 December 2026.
Neutral
🤖 55%
SeaTwirl resolved on 13 November 2026 a rights issue of approximately SEK 28.0 million at SEK 15.6 per share, with a record date of 20 November 2026, diluting existing holders by up to 1,795,035 new shares. The issue is fully covered to 100 per cent by subscription undertakings of roughly SEK 9.1 million and a guarantee of roughly SEK 18.9 million from Vator Securities, which removes execution risk. Dilution pressure is offset by secured funding for the 200 kW installation and VERTI-GO track.
Catalysts
- • Rights issue resolution announced 13 November 2026 for approximately SEK 28.0 million at SEK 15.6 per share
- • Record date 20 November 2026 and subscription period 24 November to 8 December 2026
Risk Factors
- • Issue costs of approximately SEK 4.0 million, including guarantee commission of about SEK 1.9 million, reduce net proceeds
- • New shareholders receive three shares per ten held, diluting existing positions