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Seafire’s Oversubscribed Rights Issue Raises SEK 140 Million

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Seafire’s Oversubscribed Rights Issue Raises SEK 140 Million

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An announcement from Seafire AB ( (SE:SEAF) ) is now available.

Seafire AB has announced the preliminary outcome of its recently completed rights issue, which was heavily oversubscribed at approximately 126.6 percent, indicating strong investor demand. The offering will raise about SEK 140 million before transaction costs, increasing the company’s share capital from SEK 7.2 million to SEK 11.5 million and expanding the number of shares from 42.8 million to 68.6 million.

Roughly 97.1 percent of the offered shares were taken up through the exercise of subscription rights, while additional applications without rights covered about 29.5 percent of the offer, meaning underwriting commitments will not be used. New shares are expected to begin trading on Nasdaq Stockholm on 11 May 2026, and the oversubscription strengthens Seafire’s financial position while signalling robust market confidence in the company.

More about Seafire AB

Seafire AB is a Swedish publicly listed company based in Stockholm. Its shares are traded on Nasdaq Stockholm, with a shareholder base that participates in equity financings such as rights issues to support the company’s continued operations and growth.

Average Trading Volume: 53,926

Technical Sentiment Signal: Sell

Current Market Cap: SEK416.8M

See more data about SEAF stock on TipRanks’ Stock Analysis page.

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