TargetEveryone AB proposes a rights issue of up to 108 million shares at a price of 0,4 SEK each and takes up a bridge loan of up to 8 MSEK to secure working capital
The Board of Directors of TargetEveryone AB (publ) (“TargetEveryone” or “the Company”) proposes the Annual General Meeting to be held on May 15 to decide to issue up to 108 376 814 shares at a price of 0,4 SEK in a rights share issue raising appr. 43,4 MSEK in funding before transaction costs. The formalities around the rights share issue, among other things decreasing the quota value to 0.4 SEK per share, are elaborated in the notice to the Annual General Meeting that will be sent out in a separate press release. The rights issue is secured by a guarantee consortium that are guaranteeing