Share issue in Ripasso Energy fully subscribed
The subscription period for the share issue in Ripasso Energy AB (publ) closed on 15 December 2017. The share issue’s subscription rate was approximately 121 %. The issue was approximately 98.7 % subscribed for with preferential rights, with the remainder subscribed for without such rights. Through the issue, the company will raise approximately SEK 91.7 million before issue costs. “The capital we have raised will be used to successfully deliver our first PWR BLOK order, to cut the engine cost in half, and to build a strong organisation that is ready to sell and deliver