Published on 12 Feb 2019
Today, February 12, 2019, the subscription period for Ridercams new share issue will commence. In the case of a fully subscribed new share issue, Ridercam AB is transferred SEK 23 million before issue costs. The issue period runs until March 13, and if the Company is approved by First North, the first trading day for the share is estimated to be March 26, 2019. The company's valuation amounts to approximately SEK 147 million before the new share issue.
When the issue commences, an information memorandum with information about the Company and its activities is published, as well as practical information on how to proceed to participate in the issue.
Information memorandum and subscription form are also available via Mangold Fondkommission's website www.mangold.se, which assists the company in this issue.
Pinq Mango Capital Partners is the Company's adviser in connection with the rights issue. Ridercams Certified Adviser on Nasdaq First is Mangold Fondkommission AB, which also acts as an issuing institution for the issue.
The information in this press release does not constitute an offer to acquire, subscribe or otherwise trade in shares in Ridercam AB. Invitation to interested persons to subscribe for shares in Ridercam AB will only be done through the Information Memorandum published by Ridercam.
The information in this press release may not be published, published, reproduced or distributed in or to the United States, Canada, Japan, Australia, Hong Kong, Switzerland, Singapore, South Africa or New Zealand or any other country or jurisdiction where such action is not permitted or where such action is subject to legal restrictions or would require additional registration or other action than is required by Swedish law. Measures in violation of this instruction may constitute a violation of applicable securities legislation.
12 February 2019
Ridercam AB (publ)
Board of Directors