Brighter accelerates - rights issue oversubscribed.
Brighter AB (publ) recently implemented a new share issue with preferential rights for existing shareholders who wished to subscribe for units. The issue injected SEK 198 million into the company—corresponding to a 1,219% subscription rate. Nasdaq First North lists the Brighter share under the BRIG ticket.Because the issue was heavily oversubscribed, Brighter’s board decided to make full use of the subscription rights issue worth more than SEK 3 million, which yields total issue proceeds of SEK 19.3 million before issue costs. Through this issue, 16,064,872 new shares were issued. The total