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Q-linea Completes Directed Share Issue to Wellsford Limited

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Q-linea Completes Directed Share Issue to Wellsford Limited

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Q-linea AB ( (SE:QLINEA) ) has shared an update.

Q-linea AB, a company listed on Nasdaq Stockholm, has resolved to issue 16,800 shares as guarantee compensation to Wellsford Limited, deviating from shareholders’ preferential rights. This decision follows a successful capital raising effort and aims to complete the preferential rights issue, benefiting the company and its shareholders by increasing the share capital and ensuring financial stability.

The most recent analyst rating on (SE:QLINEA) stock is a Sell with a SEK23.50 price target. To see the full list of analyst forecasts on Q-linea AB stock, see the SE:QLINEA Stock Forecast page.

More about Q-linea AB

YTD Price Performance: -72.44%

Average Trading Volume: 13,217

Technical Sentiment Signal: Sell

Current Market Cap: SEK476.8M

For a thorough assessment of QLINEA stock, go to TipRanks’ Stock Analysis page.

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