Ripasso Energy carries out a new share issue in the amount of SEK 91.7 million - Strengthens the PWR BLOK initiative and reprioritises resources
The market response in the wake of the launch of the PWR BLOK proved to be very positive, and potentially significantly larger than the company’s initial assessment. For this reason, Ripasso Energy has today decided to raise additional resources for the PWR BLOK by: · resolving to carry out an issue of no more than 18,347,312 shares at a price of SEK 5 per share, which would provide the company with SEK 91.7 million before issue costs, if the issue is fully subscribed. The issue has already garnered subscription commitments in a total amount of approximately SEK 58 million, or around 63%