Q4 (May – July) | Full year (March – July) | |
Cash and current investments | 851.5 million | 851.5 million |
Equity | 790.4 million | 790,4 million |
Operating expenses | -6.7 million | -10.1 million |
Profit/loss after tax | -6.7 million | -10.1 million |
Earnings per share by average No. of shares | SEK -1.23 | SEK -2.37 |
Earnings per share by average No. of shares at period end | SEK -0.64 | SEK -0.96 |
SIGNIFICANT EVENTS DURING THE PERIOD
- The issue of Class C shares resulted in an increase in equity of SEK 10.0 million, of which kSEK 25 pertained to share capital
- The company was listed on Nasdaq OMX Stockholm’s main list in the segment for SPAC companies on 24 June 2021
- On listing, the company issued 8,400,000 Class A shares (including the overallotment option) at an issue price of SEK 100 per share, and each Class A share entitled the holder to receive one non-chargeable warrant, which was listed separately on 2 August (four such warrants entitle subscription for one Class A share for SEK 115). In addition, each Class A share that votes in favour of the proposed business combination at the Extraordinary General Meeting will receive an additional non-chargeable warrant. The issue resulted in an increase of SEK 2.1 million in share capital.
- In its role as stabilisation manager, Carnegie Investment Bank AB (publ) conducted stabilisation measures during the period from 24 June through 19 July, and bought back 34,065 Class A shares, which has been announced in the form of customary press releases.
- The company deposited the full issue proceeds, after the conducted stabilisation measures, of SEK 836.6 million in a blocked bank account at DNB with Nordic Trustee as the agent for the company’s Class A shareholders
- Since listing, the share price has averaged SEK 100.35 and on 31 July was SEK 100.5
- Caesar Gezelius was appointed CFO
SIGNIFICANT EVENTS DURING THE FULL YEAR
- The issue of Class B shares and warrants in Q3 resulted in an increase in equity of SEK 20.5 million, of which SEK 0.5 million pertained to share capital. In addition, a credit facility agreement was signed with the company’s sponsors.
- Ingrid Bonde was appointed Chairman of the Board and Ulrika Hagdahl, Anders Lönnqvist, Lars Wedenborn and Anders Böös were appointed Board members
- Anders Lönnqvist was appointed CEO
For a complete year-end report, see appendix.