Go North Group AB (publ) successfully raises SEK 79,000,000 of equity from new co-investors and the total round of SEK 150,000,000 was over-subscribed
Go North Group AB (publ) (“Go North” or the “Group”) has successfully raised approximately SEK 79,000,000 of equity (the “Transaction” or the “Equity Raise”) from new co-investors including Access Capital Partners and Qualitas Equity (the “Co-investors”). Proceeds from the Transaction will be applied towards acquiring identified Amazon brands in the Group’s near-term pipeline and to further strengthen the profitability of brands in the existing portfolio. As announced in the press release dated 6 October 2022 (Completion of 1st closing), the Group had an ongoing share issue directed