Powercell receives approximately SEK 225 million from share issue to investors
The share issue was made in accordance with the authorization resolved at the AGM on April 11, 2016, in which the Board was authorized to issue shares with deviation from the shareholders’ preferential right. The share issue was completed through a bookbuilding-process and resulted in Powercell receiving approximate SEK 225 million before issue costs.
Powercell Sweden AB (Publ) is listed on First North, NASDAQ Stockholm. Powercell is the leading fuel cell company in the Nordics, which develops and produces environmentally friendly power systems for stationary and mobile customer applications.
MAQS’ team consisted of lawyers Eric Ehrencrona and Wibeke Sorling.