Published: 9/9/2026 8:39:07 AM
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Logistics and transport company Movebybike is changing the allocation in the directed new issue of units worth approximately SEK 6.2 million announced on 28 August. This is stated in a press release from the company.JEQ Capital and related parties remain subscribers for 325,000 units but are relinquishing a further 38,730 units, which will instead be issued to Tellus Equity through a separate directed issue on the same terms.The reason is that JEQ Capital and related parties would, with the original allocation, have exceeded 10 percent of the votes in Movebybike. According to the company’s assessment, this would have triggered a notification requirement under the Act on the Screening of Foreign Direct Investments, the FDI Act. With the revised allocation, their ownership will instead amount to approximately 9.8 percent, meaning that the capital raising can be completed without waiting for an FDI review.The subscription price is SEK 11 per unit, consisting of one share and one free-of-charge subscription warrant of series 2026/2029. The issue to Tellus Equity provides approximately SEK 0.4 million.A total of 563,639 units will still be issued for approximately SEK 6.2 million before transaction costs. The payment period has been extended to 30 September.
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