The Board of THiS Group decides on a private placement to strengthen the brand and accelerate growth prior to listing
The Board of Directors of THiS Less-is-more Group AB (publ) (“THiS Group” or “the Company”) has today, with the support of authorization from the Extraordinary General Meeting on November 12, 2021, decided on a directed equity issue of a maximum of 6,818,181 ordinary shares, with deviation from the shareholders’ preferential rights, which means an increase in the share capital of a maximum of SEK 647,727. Through the private placement, the Company will receive a maximum of SEK 60 million. THiS Group has already initiated discussions with potential investors and it is estimated that the