H100 Group raised approximately 10 million Swedish Krona through a directed share issue

ChainCatcher news, Swedish listed company H100 Group AB announced the completion of a directed share issue, issuing approximately 1.79 million new shares to the TOBAM Bitcoin Alpha Fund at a price of 5.58 Swedish Krona per share, raising approximately 10 million Swedish Krona (nearly 1.07 million USD). The company stated that the issue price was determined through negotiations with investors, and the raised funds will be used to enhance capital flexibility, with no preemptive rights granted to existing shareholders.