InCoax Networks seeks shareholder approval for SEK 45 million rights issue
Bitget2026/10/13 17:15- InCoax will ask shareholders on Nov. 13, 2026 to vote on a fully underwritten rights issue of about SEK 45 million.
- The offer price is SEK 0.01 per share, with 1 subscription right per share; each right entitles holders to subscribe for 30 new shares.
- Shareholders will also vote to cut the quota value to SEK 0.01 via a share capital reduction, enabling the SEK 0.01 issue price.
- The rights issue is backed 100% by Saugatuck Invest, combining a subscription undertaking for about 24.5% with a guarantee for about 75.5%.
- The board proposes the rights issue, the capital reduction, and related articles-of-association amendments for shareholder approval at the meeting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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