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Midsummer AB ( (SE:MIDS) ) just unveiled an update.
At an extraordinary general meeting on 23 December 2025, Midsummer’s shareholders approved a sizeable preferential rights issue of up to 126.5 million new shares at SEK 1.38 each, giving existing investors the opportunity to participate in a capital raise that could materially strengthen the company’s balance sheet. The meeting also sanctioned a directed share issue of up to 57.4 million shares to bondholders as part of a bond settlement, effectively converting debt into equity at the same price, and granted the board a mandate to issue additional shares of up to 10 percent of the current share capital before the next annual meeting, increasing the company’s financial flexibility but also signalling potential dilution as it seeks funding to support its solar energy growth strategy.
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 targeting construction, roofing and solar installation companies as well as end customers. It also supplies production equipment for flexible thin-film solar cells and research machinery, with its proprietary DUO system established as a leading manufacturing tool globally for flexible CIGS cells. Midsummer’s shares trade on Nasdaq First North Premier Growth Market.
Average Trading Volume: 839,044
Technical Sentiment Signal: Sell
Current Market Cap: SEK464.9M
Learn more about MIDS stock on TipRanks’ Stock Analysis page.