Avida's rights issue oversubscribed
On the 27[th] of March 2023, the board of directors of Avida Finans AB (publ) (”Avida” or the ”Company”) resolved on a rights issue of no more than SEK 201,646,740 with preferential rights for existing shareholders (the ”Rights issue”), subject to the approval of the general meeting of shareholders. On the 20[th] of April 2023, the extraordinary general meeting of Avida resolved to approve the Rights Issue. The subscription period in the Rights Issue ended on 10[th] of May 2023. In total, 8,135,824 shares, corresponding to approximately 80.7 percent of the Rights Issue, was subscribed by