Kebni raises SEK 55M in oversubscribed directed share issue
What's the deal? Swedish-listed Kebni ABDealroom has a profile for this one. Try Dealroom → has completed a directed share issue of 68,750,000 series B shares, raising roughly SEK 55 million ($5.8 million) before costs. The shares were priced at SEK 0.80 each through an accelerated bookbuilding process run by Pareto Securities ABDealroom has a profile for this one. Try Dealroom →.
How it breaks down: The issue is split into two tranches — about SEK 44 million from Tranche 1, already resolved under the annual general meeting's authorisation, and about SEK 11 million from Tranche 2, which requires approval at an extraordinary general meeting.
Who's in? The offering was oversubscribed, drawing Swedish and international institutional and qualified investors, including new and existing shareholders. Largest shareholder Salénia ABDealroom has a profile for this one. Try Dealroom →, through 3S Invest ABDealroom has a profile for this one. Try Dealroom →, was allotted 12,500,000 shares.
The terms: The price marks a discount of about 22.9% to the one-day volume-weighted average price of Kebni's share on Nasdaq First North Growth Market on August 27, 2026. If Tranche 2 is approved, the issue will dilute existing holders by roughly 20% of shares and votes.
Why a directed issue? The board weighed a rights issue but concluded that a directed share issue is currently more advantageous for the company and its shareholders.
The signal: An oversubscribed placement, backed by the company's largest shareholder and priced at a discount, points to steady institutional demand for Kebni despite the dilution it hands existing investors.
Read more: placera.se
Image credit: Generated with Gemini
