Navian Tech AB is carrying out a directed share issue of at least 10 million SEK
The board of directors of Navian Tech AB ("the Company") has decided to carry out an additional new issuance during 2023. The net proceeds will primarily be used to develop the digital platform further, create stronger conditions for increased growth, and facilitate the integration process with Pepins Sweden AB.
Background and Motivation
This decision is a direct consequence of Navian's acquisition of Pepins Sweden AB, which was announced on June 19. The issuance marks a focus on expansion and opens up new opportunities for the Company. The acquisition of Pepins Sverige AB signifies a step forward in the Company's effort to streamline and make real estate development process more effective through digitalisation.
Summary of the New Issuance
The Company plans to issue shares for at least 10 million SEK. The issuance will be offered to both existing and new investors. The Company has already secured commitments and guarantees of 9.5 million SEK from several investors, including investment company Spiltan AB, and investment company NVC. We are delighted to see the trust and confidence in the company.
Both existing shareholders of the Company and previous owners of Pepins Sweden AB will be offered the same opportunities for the new issuance.
The Company intends to use the capital from the issuance to continue investing in its business development and innovation. The Company aims to strengthen its position as a leading player in its field.
"We are pleased to offer our shareholders and investors the opportunity to participate in our upcoming new issuance," says Sergey Kazachenko, CEO of Navian."The issuance will provide us with the flexibility to continue our growth journey and realise our vision of delivering innovative solutions."
For complete information, including timing and conditions, please contact us.
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Press contact:
Matias Rodriguez
Head of Marketing
Email: matias.rodriguez@naviangroup.com
Tel: +46 705 65 44 55
Navian, founded in Stockholm 2020, is the market’s first digital platform that connects each stage of the real estate development journey, offering you the services needed to make property investment and development more efficient, simplified and accessible to all. Our vision is to open the door to new ways of developing and investing in real estate for private and institutional investors, small and medium-sized developers, and other real estate service and tech providers.
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