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Midsummer AB ( (SE:MIDS) ) has provided an update.
Midsummer AB has published an information document in connection with a previously resolved and shareholder-approved rights issue of approximately SEK 175 million, which has been registered with the Swedish Financial Supervisory Authority and made available on the company’s website. The transaction, coordinated by SB1 Markets with guarantee commitments arranged together with Corpura Fondkommission and legal advice from Advokatfirman Lindahl and Gernandt & Danielsson, follows a defined timetable in January 2026 for trading in subscription rights and BTAs and is expected to support Midsummer’s capital needs as it pursues its growth strategy in thin-film solar technology and manufacturing.
The most recent analyst rating on (SE:MIDS) stock is a Sell with a SEK1.50 price target. To see the full list of analyst forecasts on Midsummer AB stock, see the SE:MIDS Stock Forecast page.
More about Midsummer AB
Midsummer AB is a Swedish solar energy company that develops, manufactures and sells CIGS thin-film solar cells and complete solar roofs, primarily serving construction, roofing and solar installation companies as well as end customers. It also develops and sells equipment and machinery for producing flexible thin-film solar cells and research, with its proprietary DUO system established as the most widely used manufacturing tool for flexible CIGS solar cells globally. The company produces its solar roofs in Sweden and is listed on Nasdaq First North Premier Growth Market under the ticker MIDS.
YTD Price Performance: -6.38%
Average Trading Volume: 868,339
Technical Sentiment Signal: Sell
Current Market Cap: SEK465.6M
See more insights into MIDS stock on TipRanks’ Stock Analysis page.