On 25 May, 2018, the General Data Protection Regulation (“GDPR”) entered into force. Please see below for information on how Augment Partners AB (“Augment”) handles personal information for clients (the “Client”), such as companies or investors.
What information does Augment collect from the Client?
Augment mainly collects personal information in order to comply with current legislation, e.g. anti-money laundering or financing of terrorism, and requirements from exchanges and other authorities.
The personal information collected is e.g.:
Personal and contact information, such as name, date of birth, social security number, e-mail address, mobile phone number for Board and management members or investors.
Copy of ID.
Know Your Customer-documentation including information regarding actual beneficiaries, Political Exposed Persons, connections outside OECD-countries.
Information regarding other Board appointments, ownership, bankruptcies, liquidations and sanctions.
Augment does not collect more information than necessary for the client or investors.
What does Augment do with the Client’s information?
In addition to the collection of specific information due to legislation and requirements from exchanges and authorities, personal information for investors might be collected and used in marketing context in connection with capital raisings.
Who can Augment share your information with?
Personal information will never be forwarded to any third party, if not explicitly requested or permitted by the Client, unless otherwise required by Swedish or foreign legislation which Augment is affected by.
Augment will not sell any personal information to third parties.
Protection of the personal information?
Augment ensures that the personal information is handled securely and with an adequate level of protection for the industry.
The right of access, rectification and deletion.
The Client has the right to access the personal information collected and can request a copy of the information that Augment has about them. The copy is free to request once a year. The Client has the right to amend the information to ensure that Augment has the correct information for the Client. Furthermore, the Client has the right to be deleted ("The right to be forgotten") from Augment´s database, unless the information must be kept due to legislation or requirements from exchanges and other authorities.
Further information
Please contact info@augment.se for more information.
CloseWe are looking for full-time Analysts and for Analyst Interns to join us for 12-24 weeks during fall 2022.
Click here for more information.
CloseEurobattery Minerals AB has decided on a directed issue of convertibles of SEK 18 million to Formue Nord Fokus A/S.
The proceeds will be used to finance the acquisition of additional shares in FinnCobalt Oyj and further value-creating investments in the company's projects. The capital injection also creates flexibility for acquiring new projects.
Augment acted as the financial advisor in the transaction.
Read the full press release here.
CloseApproximately 88 per cent of Savosolar Plc’s warrants under warrant plan 1-2021 have been used for subscription of shares. Based on the warrants, 33,991,820 new shares were subscribed for, raising approximately EUR 1.02 million.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here (in English).
CloseSun4Energy has entered into an agreement to acquire 100 per cent of the shares in Atum Energi, a solar panel installer headquartered in Helsingborg.
In connection with the transaction, Sun4Energy raises SEK 5 million in a directed issue to a limited number of Swedish investors. The proceeds will be used to capitalize on the company's strong order backlog, which after the acquisition of Atum Energi amounts to approximately SEK 60 million. Consequently, the issue enables the continued development of Sun4Enegy's core operations within the sales and installment of solar panels and electric car chargers.
Augment acted as financial advisor to Sun4Energy in connection with the directed issue.
Read full press release about the acquisition (in Swedish).
Read full press release about the directed issue (in Swedish).
CloseEKOBOT AB (publ) is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
Ekobot has decided on a rights issue of units of approximately SEK 13.6 million and a directed issue of convertibles of SEK 3.0 million, subject to the approval of the Extraordinary General Meeting, in order to begin the commercialization phase of autonomous agricultural robots.
Read the full press release here.
Augment acts as the company’s financial adviser in the transaction.
CloseNorthgold AB is a Swedish gold exploration and development company with multiple resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland. The company’s projects host informal combined resources of 725 000 oz AuEq.
Northgold raised SEK 39.6 million in its IPO on Nasdaq First North and the proceeds will be used for conducting exploration activities with the goal of expanding the company’s gold resources to over 1,000,000 oz AuEq of NI43-101 compliant resources within 18 months of the first day of trading on First North.
Read the full press release here (in English).
Augment acts as the company's financial adviser in the IPO.
CloseFlat Capital is an investment company with a genuine long-term perspective that invests in people who are passionate, dedicated, have potential and skin in the game. The company was founded 2013 by Nina Siemiatkowski and Sebastian Siemiatkowski (co-founder & CEO of Klarna) and has since then built a portfolio of 16 companies.
Since the IPO in October 2021, Flat Capital have kept a high pace and investments has been done in Kry, Figma, LoveLocal, Klarna and now also indicatively in Getir. The company’s strategy of investing in exciting unlisted tech companies, where access is often reserved for an exclusive group of the best VC funds in the world, has worked out well. Flat has a strong pipeline of attractive investments and aims to raise additional capital through a rights issue in order to capitalize on these opportunities.
Augment acts as financial advisor in the rights issue.
CloseNorthgold AB is a Swedish gold exploration and development company with multiple resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland. The company’s projects host informal combined resources of 725 000 oz AuEq.
Northgold is carrying out an IPO on Nasdaq First North Growth Market Sweden and the funds of SEK 43.5 million, with an over-allotment option of SEK 6.5 million, will be used for conducting exploration activities with the goal of expanding the company’s gold resources to over 1,000,000 oz AuEq of NI43-101 compliant resources within 18 months of the first day of trading on First North.
Read the full press release here (in English).
Augment acts as the company's financial adviser in the IPO.
CloseKvix provides a unique streaming platform that connects wellness inspirers with people who strive for increased well-being. The platform is available via app and browser and is adapted for several different devices.
Kvix's objective is to create a market-leading platform for wellness where members can partake in live sessions on physical, mental, and lifestyle-related well-being. Members can interact with streamers and receive live feedback via the webcam if desired. Through the in-house developed streaming platform, Kvix intends to become the meeting place of choice for those interested in health.
Kvix raised SEK 26.0 million in its IPO on NGM Nordic SME to support its ambition in becoming the pre-eminent forum for wellness. The proceeds will be used to strengthen the company's financial position for further development of the platform and improving customer outreach by marketing.
Read the full press release here (in Swedish).
Augment acts as the company’s financial advisor in the IPO.
CloseSun4Energy sells and installs solar cell systems and electric car chargers to individuals, tenant-owners' associations, companies, and municipalities. The company handles all stages internally through purchasing of components, design, sales, installation, assembly, and commissioning.
Sun4Energy is facing an expansive growth phase with the ambition of completing two to three acquisitions annually until 2025. The company also intends to invest in strengthening the sales and future wholesale division as well as a digital platform to facilitate a better experience for the company's customers.
The IPO was subscribed to 322 per cent by approximately 2,000 investors. Raised capital, in total SEK 14.0 million, will primarily be used for acquisitions and other growth initiatives.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO and acts as the company's Mentor.
CloseSavosolar is a Finnish public limited company that designs and supplies solar thermal energy systems. The heating systems use the company’s own, internationally awarded solar heat absorbers and collectors. Although the main business is turnkey delivery of heating systems, absorbers and collectors are also supplied and installed separately. Savosolar currently manufactures the most efficient large solar thermal collectors with MPE absorbers in the world. Savosolar recently supplied a solar heating system exceeding 14,000 m2 to Kyotherm Solar in Issoudun, making it the largest solar thermal system constructed in France to this day.
The net proceeds from the issue will be used to secure the company's working capital needs, increase its financial capacity to deliver signed and future orders and increase its ability to meet the growing market demand for large solar thermal systems in both industrial processes and district heating segments.
Augment acted as financial advisor to Savosolar in the rights issue.
Read the full press release here.
CloseKvix provides a unique streaming platform that connects wellness inspirers with people who strive for increased well-being. The platform is available via app and browser and is adapted for a number of different devices. Kvix members can select from a wide range of content to tailor an individual programme for long-term and sustainable well-being.
Kvix's objective is to create a market-leading platform for wellness where members can partake in live sessions on physical, mental, and lifestyle-related well-being. Members can interact with streamers and receive live feedback via the webcam if desired. Through the in-house developed streaming platform, Kvix intends to become the pre-eminent meeting spot for health-related content.
Kvix is carrying out a SEK 26.0 million IPO on NGM Nordic SME to support its ambition in becoming the pre-eminent forum for wellness. A notable step on the impending growth journey is the launch of Wellstar - the world's first talent competition for wellness streamers.
Read the full press release here (in Swedish).
Augment acts as the company’s financial advisor in the IPO.
CloseSun4Energy sells and installs solar cell systems and electric car chargers to individuals, tenant-owners' associations, companies, and municipalities. The company handles all stages internally through purchasing of components, design, sales, installation, assembly, and commissioning.
Sun4Energy is facing an expansive growth phase with the ambition of completing two to three acquisitions annually until 2025. The company also intends to invest in strengthening the sales and future wholesale division as well as a digital platform to facilitate a better experience for the company's customers.
Sun4Energy is carrying out an IPO on NGM Nordic SME, and the funds of SEK 14.0 million will primarily be used for acquisitions and other growth initiatives.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseFlat Capital is an investment company with a genuine long-term perspective that invests in people who are passionate, dedicated, have potential and skin in the game.
The company was founded 2013 by Nina Siemiatkowski and Sebastian Siemiatkowski (co-founder & CEO of Klarna) and has since then built a portfolio of 13 companies.
At the time of the IPO the largest holdings are Klarna, Budbee and Truecaller. Since start the current portfolio (excluding Klarna) has had an impressive development with an annualised return of 40.8 percent and a MOIC of 5.1x.
The IPO was heavily oversubscribed (volume over SEK 1.2 billion) by over 27,000 investors. Flat Capital will use the proceeds for investments in new companies and to support current holdings.
Augment acts as financial advisor in IPO and as Certified Adviser on Nasdaq First North Growth Market.
Read full press release here (in Swedish)
CloseMotion Display is a company that was founded in 2005 by Erik Danielsson, former CEO of Pharmacia AB and founder of e.g. Pricer AB, global leader in ESL (Electronic Shelf Labels).
Motion Display develops, manufactures and markets attention grabbing point-of-purchase advertisement, for effective in-store marketing. The price-awarded point-of-purchase displays are based on E Ink Corporation's electronic ink technology.
The Board of Directors has decided on a rights issue amounting to maximum SEK 18.7 million in order to strengthen the financial position and realize expansion strategies when the market begins to reopen after the pandemic. The rights issue is secured to 70 per cent through subscription commitments and underwriting.
Augment acts as financial advisor in the transaction.
Read full press release here (in Swedish)
CloseWe are looking for full-time Analysts and for Analyst Interns to join us for 12-24 weeks during 2022.
Click here for more information.
CloseAugment acted as advisor to Asteria on its capital raise of SEK 10 million from Svea Ekonomi.
The capital injection enables the company to take the next step on its journey to deliver world class AI software and service small businesses and entrepreneurs with cash advisory. The capital raise allows Asteria to pursue regional expansion and further investments in the company's technology nto service its customers.
Blick Global Group AB (publ) is a company with the core focus of building a group within the iGaming industry and provides operators with a unique value proposition in digital marketing, through Wiget Group AB, and, as of today, gaming development with the acquisition of Oregon Main Interactive AB ("OMI").
OMI was founded in Sweden as a development consultancy firm servicing the ever-expanding iGaming industry. In parallel, OMI also developed game technology of their own. Recently, OMI signed a fully funded exclusive partnership to develop online gaming slots for one of the global leaders in the gaming industry.
The Board of Directors has decided on a rights issue amounting to SEK 20.5 million in order to execute on its strategy to expand their positions within the iGaming industry. The rights issue is secured to 100 per cent through subscription commitments and underwriting.
Augment acts as financial advisor in the transaction.
Read full press release here (in Swedish)
CloseApproximately 93 per cent of Raytelligence's warrants of series TO1 have been used for subscription of 3,386,149 shares, raising approximately SEK 8.53 million before issue costs. The company has additionally decided on a directed share issue of approximately SEK 0.67 million.
Augment acted as financial advisor to Raytelligence in connection with the transaction.
Read the full press release here (in English).
CloseSeafire AB has raised SEK 40 million in a directed issue to Alcur Fonder AB.
Seafire is a Swedish investment company specialising in developing SMEs in niche industries with a clear competitive edge/value-add.
The proceeds will primarily be used to finance future acquisitions.
Augment acted as financial advisor in the transaction.
Read the full press release here (in Swedish)
CloseAventura is a China focused e-commerce and brand accelerator founded by Swedish entrepreneurs with over 50 years experience of starting and running businesses in China. From its base in Shanghai, Aventura builds fast growing e-commerce and consumer businesses.
Today the company has 85 employees with skills across marketing, sales, e-commerce and logistics. With knowledge of how the Chinese digital ecosystem and consumer behavior work, that is how people communicate, pay, buy, and find information online, Aventura maintains the key functions needed to launch and scale consumer brands on the Chinese market. Since start in 2011, Aventura has collaborated with over 200 international brands.
The IPO was oversubscribed to 151 per cent. Raised capital, in total SEK 18.2 million, will primarily be used to fund investments in joint-ventures and to further build the organizational structure with identified key hires, primarily to be able to meet the demand and take on more customers.
Read the full press release here (in Swedish).
Augment acted as the company's financial adviser in the IPO and acts as its Certified Adviser.
CloseSOZAP is a digital entertainment company with competence and ambition at its core. SOZAP has a strong corporate culture and organizational model built on independent teams where each member is passionate about their role. Through this collaboration of creative minds, SOZAP is developing into a global powerhouse of digital entertainment.
SOZAP's first game, the mobile shooter ARMED HEIST, has been downloaded more than 20 million times since its launch in 2019. In addition to ARMED HEIST, the company's two new development teams have three more games in different development phases, two of which are planned to be launched in 2021.
The IPO was subscribed to 794 per cent by approximately 5,250 investors. Raised capital, in total SEK 26.1 million, will primarily be used to expand the user acquisition activities for ARMED HEIST, key hires and for the commercial launch of upcoming game titles.
Read the full press release here (in Swedish).
Augment acted as the company's financial adviser in the IPO.
CloseAventura is a China focused e-commerce and brand accelerator founded by Swedish entrepreneurs with over 50 years experience of starting and running businesses in China. From its base in Shanghai, Aventura builds fast growing e-commerce and consumer businesses.
Today the company has 85 employees with skills across marketing, sales, e-commerce and logistics. With knowledge of how the Chinese digital ecosystem and consumer behavior work, that is how people communicate, pay, buy, and find information online, Aventura maintains the key functions needed to launch and scale consumer brands on the Chinese market. Since start in 2011, Aventura has collaborated with over 200 international brands.
Aventura is carrying out an IPO on Nasdaq First North Growth Market, and the funds of SEK 18.2 million will primarily be used to fund investments in joint-ventures and to further build-out the organizational structure with identified key hires, primarily to be able to meet the demand and take on more customers.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseSOZAP is a digital entertainment company with competence and ambition at its core. SOZAP has a strong corporate culture and organizational model built on independent teams where each member is passionate about their role. Through this collaboration of creative minds, SOZAP is developing into a global powerhouse of digital entertainment.
SOZAP's first game, the mobile shooter ARMED HEIST, has been downloaded more than 20 million times since its launch in 2019. In addition to ARMED HEIST, the company's two new development teams have three more games in different development phases, two of which are planned to be launched in 2021.
SOZAP is carrying out an IPO on Nasdaq First North Growth Market, and the funds of SEK 26.1 million will primarily be used to expand the user acquisition activities for ARMED HEIST, key hires and for the commercial launch of upcoming game titles.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseWe are happy to invite you to Augment Gaming Forum 2021. The event will be held on May 21, 2021 and will be organized digitally. During the event, which will take place between 08:55–14:30 CEST, nine companies from the rapidly growing gaming sector will present. Each company will present for 20 minutes followed by a 10 minute Q&A session led by moderator Albin Kjellberg.
RSVP here.
Schedule:
08:55 Augment Gaming Forum 2021 starts
09:00 Zordix
09:30 SOZAP
10:00 MAG Interactive
Break
11:00 Flexion Mobile
11:30 Safe Lane Gaming
12:00 Enad Global 7
Break
13:00 Adverty
13:30 Nitro Games
14:00 Qiiwii Games
Established in 2016, Hemply Balance is the leading CBD brand in Sweden with a fully compliant THC-free product line including intimate, tinctures & topicals. Hemply is at the intersection of two high-growth markets; global CBD and fem care & sexual wellness.
The business model is based on D2C and B2B sales of products to consumers via its own webshop and distributors. Hemply has signed an agreement with Lyko.se for sales and distribution of its intimate product line in Sweden and also to sell the tinctures product line in Germany, the Netherlands, Poland and Austria. The combination of D2C and B2B provides multiple revenue streams and scalability.
The IPO was subscribed to 716 per cent by approximately 1,200 investors. Raised capital, in total SEK 12.5 million, will primarily be used for launching the domestic CBD-intimate line, key hires and marketing activities. First day of trading on NGM Nordic SME is expected to be on 6 May 2021.
Read the full press release here (in Swedish).
Augment acted as the company’s financial adviser in the IPO and acts as its Mentor.
CloseEstablished in 2016, Hemply Balance is the leading CBD brand in Sweden with a fully compliant THC-free product line including intimate, tinctures & topicals. Hemply is at the intersection of two high-growth markets; global CBD and fem care & sexual wellness.
The business model is based on D2C and B2B sales of products to consumers via its own webshop and distributors. Hemply has signed an agreement with Lyko.se for sales and distribution of its intimate product line in Sweden and also to sell the tinctures product line in Germany, the Netherlands, Poland and Austria. The combination of D2C and B2B provides multiple revenue streams and scalability.
Hemply is carrying out an IPO on NGM Nordic SME and the funds of SEK 12.5 million, indicatively with up to an additional SEK 12.5 million via warrants in Q4 2021, will be used for launching the domestic CBD-intimate line, key hires and marketing activities.
Read full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseTrainimal AB is a digital fitness company, offering personal training and nutritional advice through smart technology developed by the company itself. The company's most famous product is MammaFitness and has helped over 30,000 customers to become the best version of themselves.
The IPO was oversubscribed to approximately 111 per cent by 900 investors. The total capital raised, before issuance costs, amounts to SEK 15.5 million. The proceeds will primarily be used for Trainimal's growth initatives, aiming at increasing the company's market share in Sweden, achieving a higher average revenue per customer and initiating a geographical expansion of MammaFitness starting with a launch in the United Kingdom. First day of trading on NGM Nordic SME is expected to be on 16 april 2021.
Read the full press release here (in Swedish)
Augment acted as the company's financial adviser in the IPO and acts as its Mentor.
CloseApproximately 90 per cent of Savosolar Plc’s warrants under warrant plan 2-2020 have been used for subscription of shares, raising approximately EUR 1.25 million. The company has additionally decided on a directed share issue of approximately EUR 0.15 million. Therefore, a total of approximately EUR 1.4 million was raised in the transactions.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here (in English).
CloseSeafire AB has raised SEK 40 million in a directed issue to Creades AB.
Seafire is a Swedish investment company specialising in developing SMEs in niche industries and with a clear competitive edge/value-add.
The proceeds will primarily be used to finance future acquisitions. The directed issue means that Creades will become the largest shareholder in Seafire.
Augment acted as financial advisor in the transaction.
Read the full press release here (in Swedish)
Trainimal AB develops and operates subscription-paid solutions for online physical training and nutritional advice.
It all started with Olga Rönnberg offering digital personal training for new mothers. Trainimal has since helped more than 30,000 customer reach their potential.
Trainimal is carrying out an IPO on NGM Nordic SME and the funds will be used for further market growth in Sweden as well as preparing for an international expansion.
Augment acts as the company's financial adviser in the IPO.
Read the full press release here (in Swedish)
Ekobot AB is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
The IPO was oversubscribed to 189 per cent by approximately 1,600 investors. Raised capital, in total SEK 20.5 million, will primarily be used for new hires and further development of the robot. First day of trading on Nasdaq First North is expected to be on 15 March 2021.
Read the full press release here (in Swedish).
Augment acted as the company’s financial adviser in the IPO and acts as its Certified Adviser.
CloseAugment has advised Nordic Iron Ore in connection with securing a loan financing of 20.9 million. The financing is a combination of a convertible loan and a credit facility. Iron Ore prices is at 10-year highs and the demand for high-quality products has increased over the past years.
The financing enables the Company to begin design work prior to the start of construction at the main asset Blötberget. At the same time the Company can continue to evaluate various long-term project financing options.
Read full press release here (in Swedish)
CloseNitro Games has raised 35.0 MSEK in a directed issue to Swedish and Finnish investors, with strong support from current shareholder Egmont Holding Oy, among others.
The proceeds will primarily be used for the further development of the Company's game portfolio of shooter games and therefore the journey towards Nitro Games' vision of becoming a household name in the category of shooter games on mobile.
Augment acted as financial advisor in the transaction.
Read the full press release of the directed issue
CloseEkobot AB is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
Over the last decades, farmland has been maintained and optimized using methods that negatively impact the environment. It’s becoming increasingly clear that current practices are gradually destroying our plant and animal heritage. Ekobot is in a very exciting development phase in a rapidly growing market where ever greater demands are placed on sustainable and healthy food production.
Ekobot is the result of the founder Ulf Nordbeck’s thoughts and desire to combine robotics and healthy sustainable food production. The company's goal is to be able to offer practical and sustainable solutions to agricultural issues while reducing workload with autonomous tools for vegetable farmers.
The company aims to raise approximately SEK 20.5 million in the IPO on Nasdaq First North. Ekobot plans to use the net proceeds of the IPO for the following purposes:
Read the full press release here (in Swedish).
Augment acts as the company’s financial adviser in the IPO and as its Certified Adviser.
CloseZordix has entered into an agreement to acquire 100 per cent of the shares in the French gaming publisher and game distributor Just For Games.
In connection with the transaction the Board of Directors of Zordix decided on a directed issue of SEK 92 million, given the subsequent approval of an extraordinary general meeting. Investors in the directed issue included the consortium of Dan Sten Olsson and Erik Nielsen, Knutsson Holdings, Prioritet Finans, FE Fonder and Patrik Bloch.
Augment acted as financial advisor to Zordix in connection with the directed issue.
Read full press release about the acquisition
Read full press release about the directed issue (in Swedish)
CloseWe’ve crossed the finish line for 2020, and where to begin? Suffice to say, the market and the year has been special, and a fair conclusion is that all things considered the stock market performance has been exceptionally strong. When OMX Stockholm fell over 11% on a single day in March, not many predicted that the year would close on all-time highs. After the turmoil, April to December feels like a non-stop highway fueled by major QE-programs worldwide.
Click here to read the full message
CloseApproximately 91 per cent of Savosolar Plc’s warrants under warrant plan 1-2020 have been used for subscription of shares, raising approximately EUR 1.5 million. The company has additionally decided on a directed share issue of approximately EUR 0.15 million. Therefore, a total of approximately EUR 1.7 million was raised in the transactions.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here (in English)
CloseRaytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
Raised capital, in total SEK 26.3 million, will be used to position Raytelligence as a leading provider of non-contact measurement of vital parameters internationally.
Augment acted as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseWe are looking for an Analyst Intern to join us during the spring 2021 for 12 to 24 weeks.
Click here for more information.
CloseApproximately 96 per cent of Eurobattery’s warrants under warrant plan 2020:1 have been used for subscription of shares, raising approximately SEK 22.7 million.
The proceeds will be used for further feasibility studies for the Corcel and Hautalampi projects, but also to explore the possibilities for new interesting acquisitions of assets in Europe.
Augment acted as financial advisor to Eurobattery in connection with the transaction.
Read the full press in Swedish release here.
Read the full press in English release here.
CloseThe subscription period for Zordix’s rights issue, of approximately SEK 45.5 million, ended on October 13, 2020. The outcome shows that 3,744,403 shares was subscribed with subscription rights, corresponding to 99 per cent of the rights issue and that 8,525,044 shares was subscribed without subscription rights, corresponding to 225 per cent of the rights issue.
Augment acted as financial advisor to Zordix in connection with the transaction.
Read the full press in Swedish release here
CloseAino Health’s rights issue of approximately SEK 15.9 million was heavily oversubscribed. Approximately 88 per cent of the rights issue was allocated to subscribers who subscribed for shares with subscription rights and 12 per cent to those who subscribed for shares without subscription rights.
Augment acted as project leader to Aino Health in connection with the transaction.
Read the full press in Swedish release here.
Read the full press in English release here.
CloseAugment acted as financial advisor to Hacksaw on its recent equity financing.
Hacksaw is a Malta-based online gaming game developer and technology provider (B2B), founded in 2018 by industry veterans. The company is a true mobile first game developer for slots and scratch cards, with specialty focus on providing the highest jackpots on the market. The company is licensed and certified in multiple countries and has several partnerships with game aggregators enabling further growth.
Proceeds from the private placement will be used to increase the sales force and to build the organisation with design & development talents.
CloseRaytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
The Board of Directors has decided, given the consequent acceptance by an Extra Ordinary General Meeting, on an issue of units with preferential rights for existing shareholders amounting to SEK 26.3 million. The capital injection from the rights issue will be used to position Raytelligence as a leading provider of non-contact measurement of vital parameters internationally. The rights issue is secured to 100 per cent through subscription commitments and underwriting.
Augment is acting as financial advisor to Raytelligence in connection with the transaction.
Read full press release here (in Swedish)
CloseAugment acted as advisor to Biosorbe AB on its recent equity financing that will be used for the commercialisation of GreenAll. The financing round was led by Jula Holding.
Biosorbe is a biofiber tech company that develops methods and products based on modified natural fibers that mimic and enhance the functionality of known fossil oil-based products and materials. The first patent applied method and product, GreenAll, has a unique hydrophobic characteristic and active absorption of non-polar compounds for many applications such as absorption/filtration of air or fluids. GreenAll can be applied to all kind of natural fibers such as wood, cellulose, or cotton.
GreenAll is a more environmentally friendly way compared to traditional methods used to clean the environment from spill and contamination.
Read full press release (in Swedish)
CloseZordix is an international game developer and publishing group headquarter in Umeå, Sweden. The group consists of Zordix Racing, Zordix publishing, Dimfrost Studio and Invictus Games. The group has undergone strong growth in recent years and is looking to grow further through additional acquisitions and by developing its own intellectual properties.
In order to execute on its strategy, Zordix has resolved on a rights issue of SEK 45.5 million. The rights issue is secured to 70.0 per cent through subscription commitments and underwriting.
Augment acts as financial advisor in the transaction.
Read full press release (in Swedish)
CloseNordic Iron Ore has decided to raise a loan of SEK 5.0 million, which adds additional working capital to the company. With the capital increase, the company gets the sufficient resources to finalize an optimization study for the Blötberget project that Whittle Consulting, a strategic planning for mining specialist consultancy based in Australia, is conducting. The study will be reported later in the current quarter.
Augment has acted as financial advisor in the transaction.
Read full press release (in Swedish)
CloseEurobattery’s rights issue of approximately SEK 47.3 million was heavily oversubscribed. Approximately 78.9 per cent of the rights issue was allocated to subscribers who subscribed for units with unit rights and 22.1 per cent to those who subscribed for units without unit rights.
Augment acted as financial advisor to Eurobattery in connection with the transaction.
Read the full press in Swedish release here.
Read the full press in English release here.
CloseSavosolar’s rights issue of approximately EUR 4.3 million was heavily oversubscribed. 83.6 % of the rights issue was allocated to subscribers who subscribed for shares with subscription rights and 16.4 % to those who subscribed for shares without subscription rights.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here.
CloseTamturbo Plc (“Tamturbo” or “the Company”) has today received an investment in the Company from a strategic industrial partner. A condition for the investment was that the Company does not list its shares as of now. Therefore, the Company has decided to withdraw its intital public offering (the “IPO”) and contemplated listing of its shares on Nasdaq Helsinki Oy’s First North Growth Market Finland marketplace.
Even if the IPO was oversubscribed by approximately 2,000 investors, the Company believes the investment from this industrial partner is strategically a better path forward at the moment.
CloseTamturbo experienced strong sales growth in 2019. The Company’s first air compressors were sold in 2017, and by the end of 2019, the Company had sold 18 units to eleven different customers globally. The Company estimates that its current customers have a total of more than 1,500 compressors from various manufacturers in use in hundreds of different factories, and the Company is in negotiations with tens of similar potential customers. In 2019, the Company's net sales were approximately EUR 2.1 million, an increase of approximately 285 percent compared to 2018. The Company is well positioned and needs additional capital due to new orders and for generally growing global demand, which is why the Company is arranging the IPO and intends to apply for its shares to be traded on First North.
The Company aims to raise approximately EUR 6.0 million in the IPO. The Company plans to use the net proceeds of the IPO for the following purposes:
The Board of Directors has decided on an Additional Share Allotment to be executed in the event of an oversubscription of the IPO. If the Additional Share Allotment is subscribed in full, the Company's gross proceeds from the IPO will increase by approximately EUR 1.5 million.
Augment acts as the Company’s financial adviser in the IPO and as its Certified Adviser.
CloseRaytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
Raised capital, in total SEK 5.4 million, will be used for additional marketing activities internationally.
Augment acted as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseThe IPO would open up the capital markets for the Company and strengthen its awareness and credibility among customers, suppliers and potential new employees of the Company. The IPO would also enable more liquidity in the Company’s shares.
The planned IPO is expected to consist of a new share issue. The objective of the planned IPO is to support growth in line with the Company’s strategy by enhancing the Company’s global growth strategy for its sales, marketing and customer service as well as for expanding the Company’s other operations.
The Company’s largest shareholders would enter into ordinary lock-up agreements and many of them would also enter into subscription commitments in the IPO.
Augment acts as the financial adviser to the Company in the IPO and as the Certified Adviser according to the First North Nordic Rulebook.
CloseEurobattery Minerals has signed an investment agreement with the option to acquire the Hautalampi nickel-cobalt-copper mine and proposes a rights issue of units SEK 46.5 million for mining activities in the company’s flagship Corcel Nickel-Cobalt-Copper project, but also in the Hautalampi project. The rights issue is secured to 50 per cent.
The option to acquire the Hautalampi nickel-cobalt-copper mine is a further step in building a high-quality exploration and production company with several projects in different stages of advancement throughout Europe. Today, Eurobattery Minerals has seven exploration permits for rare earth metals in Sweden and the Corcel project located in La Coruña and the Bibi project located in Ourense, Galicia, northwest Spain.
Augment is acting financial advisor to Eurobattery Minerals in connection with the transaction.
Read full press release about the rights issue (in English)
Read full press release about the acquisition (in English)
CloseSavosolar has established a strong brand as a reliable supplier of large solar heating systems, and the company's total number of systems already exceeds 100,000 m2, which demonstrates Savosolar's ability to supply value-added energy plants to customers. The market is growing globally with the ever-accelerating demand for clean energy production, and recent changes in the competitive situation open up ever greater opportunities for Savosolar to increase market share by being the technology and quality leader in the industry and via the references in which the customers are highly satisfied. The Company wants and needs to meet the growing market demand and therefore the Company plans to arrange a capital raise.
The capital raise consists of a EUR 4.3 million rights issue, secured to 80 per cent, including three series of warrants that can raise up to EUR 13.0 million additional capital during 2020-2021.
Augment is acting financial advisor to Savosolar in connection with the transaction.
Read the full press release here
CloseRaytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
The rights issue of maximum SEK 5.4 million is carried out to provide funds for additional marketing activities internationally.
Augment is acting as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseAfter careful consideration we have made the decision to postpone Augment Gaming Forum 2020, scheduled for May 12 in Stockholm.
Following increased concerns about the COVID-19 virus, we felt that this is the best way to proceed during such an unprecedented situation. Once there is more clarity in the situation we will revert with a new date. The lineup and the agenda will remain.
CloseWelcome to Augment Gaming Forum 2020 where several companies within the gaming sector will present. Attending companies range from studios to companies offering gaming services, both listed and unlisted.
Full agenda will be distributed later in connection with the official invitation.
CloseWe’ve concluded 2019 – a great year for the broader stock market and many interesting movements among micro caps. Throughout the year we’ve raised some 400 MSEK to unlisted and listed clients and we expect a continued high transaction activity during 2020. Given the listing boom over the past few years, the opportunity for good secondary offerings will continue to present itself. We expect increased listing activity on the Growth Markets in the incoming quarters. On our end we are looking at many interesting candidates.
Click here to read the full message
CloseAdverty is an adtech company that has developed an in-game advertising platform for ads. This allows game and app developers to monetize 100 per cent of user time, by seamlessly integrating advertising into the actual gaming experience and thus reach the consumer throughout the session time.
Raised capital will be used to accelerate sales and fill the company’s large in-game inventory with programmatic ads.
Augment acted as financial advisor to Adverty in the rights issue.
Read full press release (in Swedish)
CloseAs announced in October 2019, Signatur Fastigheter AB (publ) (formerly Deflamo AB (publ); Nasdaq First North Growth Market: SIGN B) and SIG Invest AB (publ) jointly announced that the parties had entered an agreement for a reverse takeover where Signatur Fastigheter would acquire the shares in SIG Invest.
On 22 November 2019, the extraordinary general meeting of Signatur Fastigheter resolved on the reverse takeover between the parties. On 16 December 2019, the Swedish Companies Registration Office registered the reverse takeover and the first day of trading of the new entity was set to 17 December 2019.
Augment acted financial advisor in the reverse takeover between Signatur Fastigheter and SIG Invest.
CloseApproximately 88.38 per cent of Savosolar Plc’s warrants under warrant plan 1-2019 have been used for subscription of shares, raising EUR 2.27 million. Savosolar has additionally decided on a directed share issue of up to approximately EUR 1.25 million to a consortium of qualified investors.
Through this funding arrangement Savosolar improved its position in providing turn-key solutions for harvesting solar thermal in large scale for district heating and industrial process heating segments, by increasing its financial capacity to execute possible new projects, to be delivered in 2020 and onwards.
Augment acted as financial advisor in securing the warrants and in the directed issue.
CloseThe subscription period for Nordic Iron Ore’s rights issue of SEK 20.0 million has ended and was subscribed to 159 per cent.
Therefore, the board has decided to exercise an overallotment issue of SEK 5.0 million, giving the company total proceeds of SEK 25.0 million. The capital from the issue will be used for preparations of mining activities and to give the company sufficient time for negotiation of required strategic financing agreements.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseH&D Wireless is a Swedish Internet of Things (IoT) and real time positioning (RTLS+GPS) cloud and platform system provider with the products Griffin and GEPS.
The subscription period for the company’s rights issue has ended and the company obtains SEK 37.5 million. The capital from the issue will be used for executing on the company’s strategy of increasing software sales.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseThe final outcome for Oboya´s rights issue, for which the subscription period ended on 14 November 2019, shows that 76.6 per cent of the shares offered were subscribed for by exercise of subscription rights. Additionally, 23,4 per cent of the rights issue was subscribed without use of subscription rights. The offering was thus fully subscribed and Oboya receives approximately SEK 41.2 million before deduction for issue costs.
The rights issue was carried out to strengthen the company´s financial position.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseThe subscription period for Raytelligence's rights issue of shares with preferential rights to the company´s shareholders ended on 11 November 2019 and the rights issue was subscribed to 192 per cent, which means that Raytelligence will receive approximately SEK 10.8 million in issue proceeds before transaction costs.
The capital proceeds from the issue will be used for further commercialization.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseWe are looking for an Analyst Intern to join us during the spring 2020 for 12 to 24 weeks.
Click here for more information
CloseNordic Iron Ore has resolved on a rights issue of SEK 20 million which will provide capital for preparations for mining activities in Blötberget and give sufficient time for negotiation of required financing agreements. During 2019 the definitive feasibility study (“DFS”) regarding Blötberget was finalized. The DFS demonstrates good conditions for profitable mining activities, inter alia with an estimated yearly EBITDA of approximately MSEK 600 at full-scale production.
Besides the production preparations, the Company is conducting a study of Väsmanfältet, which is assumed to have a significantly larger iron ore reserve. Since both Väsmanfältet and Håksberg is nearby Blötberget, there is potential for significant economies of scale and synergies in terms of infrastructure.
Augment acts as financial advisor in the transaction.
CloseSavosolar’s vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems – market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners.
The warrants have been secured to between 100 and 200 per cent, depending on the subscription price, totalling EUR 3.5 million in proceeds. Through this funding arrangement Savosolar will further improve its position in providing turn-key solutions for harvesting solar thermal in large scale for district heating and industrial process heating segments, by increasing its financial capacity to execute possible new projects, to be delivered in 2020 and onwards.
Augment is acting financial advisor to Savosolar in connection with the transaction.
Read the full press release here
CloseAdverty is an adtech company that has developed an in-game advertising platform for ads. This allows game and app developers to monetize 100% of user time, by seamlessly integrating advertising into the actual gaming experience and thus reach the consumer throughout the session time.
The rights issue of maximum SEK 48.5 million, underwritten to 77.3 per cent, is carried out to give Adverty proceeds to accelerate sales and fill their large in-game inventory with programmatic ads.
Augment is acting financial advisor to Adverty in connection with the transaction.
Read full press release (in Swedish)
CloseSIG Invest AB (publ) and Deflamo AB (publ) (Nasdaq First North Growth Market: DEFL B) have jointly announced that the parties have entered an agreement for a reverse takeover where Deflamo will acquire the shares in SIG Invest.
Deflamo's Board of Directors proposes that the Extraordinary General Meeting on 22 November, 2019 resolves, among other things, on the acquisition of SIG Invest through an issue in kind of a maximum of 1,769,838,194 new B shares in consideration for the shares in SIG Invest. Following the completion of the transaction, SIG Invest's shareholders will hold approximately 95.75 percent of the shares and 95.28 percent of the votes in Deflamo.
SIG Invest, founded in 2014, is a value-adding real estate company that works with innovative property development and property management.
Augment is acting as financial adviser to SIG Invest in connection with the reverse takeover.
Read full press release (in Swedish)
CloseNexstim is a personalised neuromodulation company focused on approval and commercialisation of its therapeutic device (NBT® system) based on its unique SmartFocus® TMS (transcranial magnetic stimulation) technology for use in depression and chronic pain.
Nexstim secured the strike of the company's outstanding warrants through subscription and underwriting commitments and decided on an additional directed issue, altogether securing approximately SEK 31.5 million in proceeds for continued commersialisation of its Navigated Brain Therapy system for depression, among other things.
Augment is acting financial advisor to Nexstim in connection with the transaction.
CloseRaytelligence offers products and sevices for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
The rights issue of maximum SEK 10.8 million is carried out to provide funds to accelerate the company’s commercialisation.
Augment is acting as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseOboya is an international business group of twenty companies operating in production and sales of products to the horticulture business. Oboya has grown rapidly and the company's operating income for 2018 amounted to SEK 530 million.
The rights issue of maximum SEK 41.2 million is carried out to strengthen Oboya's balance sheet and reduce the company's capital cost. Decreased financial costs will take Oboya one step closer to its long-term goal of achieving a net margin of 5-7 per cent.
Augment is acting financial advisor to Oboya in connection with the transaction.
Read full press release (in Swedish)
We are happy to inform that Augment Mining Forum 2019 will take place on October 17, 2019 at Downtown Camper by Scandic. During the event, which will take place between 09:00 - 12:00 CET, four listed junior mining companies will present. Each company will present for 20 minutes followed by a 10-minute question session held by moderator Gabriel Mellqvist.
RSVP is done by clicking here.
H&D Wireless is a Swedish Internet of Things (IoT) and real time positioning (RTLS+GPS) cloud and platform system provider with the products Griffin and GEPS.
The proposed rights issue of SEK 52.4 million is a part of the company's financing plan to provide funds to accelerate software sales within the most important segments and thereby gain business from the large pipeline of Swedish and international customers that the company posses.
Augment is acting financial advisor to H&D Wireless in connection with the transaction.
Read full press release (in Swedish)
SIG Invest AB (publ) and Deflamo AB (Nasdaq First North Growth Market: DEFL B) have jointly announced that the parties have entered into a letter of intent for a reverse takeover where Deflamo will acquire the shares in SIG Invest by an issue in kind.
Following the completion of the transactions, the shareholders of SIG Invest will hold approximately 95 per cent of the shares and votes in Deflamo and the current shareholders of Deflamo will hold approximately 5 per cent of the shares and votes in Deflamo.
The transaction is subject to approval by Nasdaq and general meetings.
SIG Invest, founded in 2014, is a value-adding real estate company that works with innovative property development and property management.
Augment is acting as financial adviser to SIG Invest in connection with the reverse takeover.
Read full press release (in Swedish)
CloseNordic Iron Ore has decided to raise a loan of SEK 5.0 million, which adds additional working capital to the company. With the capital increase, the company gets the sufficient resources to efficiently analyze the results of the ongoing feasibility study for the restart of the mine in Blötberget. The study will be reported later in the current quarter.
Augment has acted as financial advisor in the transaction.
The subscription period for GoldBlue's rights issue of shares with preferential rights to the company's shareholders ended on 1 July 2019 and the rights issue was subscribed to 85 per cent, which means that GoldBlue will receive approximately SEK 14.3 million in issue proceeds before transaction costs.
The capital proceeds from the issue will be used to expand the company's growth through increased marketing.
Augment acted as financial advisor to the company in the rights issue.
CloseErik Penser Bank initiates coverage of Seafire. The forecasts done through a Sum-of-the-Parts and peer valuation, indicate a motivated share price of SEK 27.0 with a worst-case scenario of SEK 14.0.
The motivated share price of SEK 27.0 is circa 400 per cent higher than the share price at the time of the publication of the coverage.
Orezone AB changes its name to Eurobattery Minerals AB. The name change is part of the company´s commitment to extracting critical battery minerals such as cobalt, copper and nickel from its own assets in Europe.
- Our new name describes our plans very well. When production starts - and it is very soon - the goal is to be able to supply Europe's battery manufacturers with "green minerals" from Europe, says CEO Roberto García.
As of 15 July 2019, the share is traded under the name Eurobattery Minerals AB and the trading symbol on NGM Nordic MTF is BAT.
Adverty has decided to raise a loan of SEK 10.0 million in order to increase activity on the mobile gaming sub-area. The platform's unique opportunities are to seamlessly integrate advertising into the actual gaming experience and thus reach the consumer throughout the game time, unlike competitors who only allow ads in menus and during game breaks. The loan runs until Q1 2020 with an annual interest rate of 12 per cent.
Augment is the company's financial advisor in the transaction.
Read full press release (in Swedish)
CloseThe subscription period for Orezone's rights issue of shares with preferential rights to the company's shareholders ended on 7 May 2019 and the rights issue was subscribed to 90 per cent, which means that Orezone will receive approximately SEK 23.8 million in issue proceeds before transaction costs.
The raised capital enables the planned exploration for the targets in the Corcel project.
Augment is the company's financial advisor in the transaction.
CloseThe Board of Directors of GoldBlue AB (publ) has resolved, subject to the approval of the extraordinary general meeting, to carry out a new share issue with preferential rights for existing shareholders of no more than 105,380,555 shares, which upon a fully subscribed issue will raise total proceeds of approximately SEK 16.9 million before issue costs. The price per share in the rights issue is SEK 0.16 and the subscription period commences on 17 June 2019.
Augment is the company's financial advisor in the transaction.
CloseOrezone has today closed the acquisition of Corcel Minerals S.L. The acquisition is made at a price of SEK 26.4 million and payment is made through a seller's invoice, which is subsequently offset against 3,777,089 shares in Orezone subscribed by the sellers in a directed issue. The price per share in the directed issue is the same as in the previously announced rights issue (SEK 7.0), whose subscription period commences on April 18 2019.
Augment is the company's financial advisor in the transaction.
Read full press release (in Swedish)
CloseInCoax Networks today announces that the company has completed a directed issue of SEK 38.0 million corresponding to 3,040,000 shares in the company. The issue was announced on 15 March 2019 and received large interest from the investors.
Augment acted as financial advisor in connection with the directed issue.
CloseOrezone acquires Corcel Minerals S.L. and proposes a rights issue of SEK 26.4 million for exploration and development of the Corcel Nickel-Cobalt-Copper project. The acquisition is the first step in building a high-quality exploration and production company with a number of projects in different phases. The rights issue is secured to 90 per cent through subscription commitments and underwritings.
Augment is acting financial advisor to Orezone in connection with the transaction.
Read full press release about the rights issue (in Swedish)
Read full press release about the acquisition (in Swedish)
CloseNuevolution is a biopharmaceutical company listed on Nasdaq Stockholm (Small Cap), focused on developing drug treatments for human diseases within immuno-oncology, oncology and inflammatory diseases.
Augment carried out a block trade of shares.
CloseInCoax Networks has received approval from Nasdaq for listing of the company's shares on Nasdaq First North with the first day of trading on 3 January 2019. With respect to the listing, the company has published a company description with new financial information regarding InCoax's capital structure and net debt that has not previously been published.
CloseInCoax Networks develops innovative solutions for broadband access with Gigabit-speed. The company today announced its IPO on Nasdaq First North. We are happy to be advising the company on the transaction.
The company is looking to raise MSEK 24.0 out of which MSEK 12.0 is subscribed through subscription commitments.
Read full press release (in Swedish)
CloseZordix gains approximately 1,100 new shareholders through its oversubscribed IPO. The IPO was subscribed to 143 per cent and the first day of trading on NGM Nordic MTF will be on 23 November 2018.
Read full press release (in Swedish)
CloseESEN eSports' rights issue with additional warrants was subscribed to 105 per cent. The company will through the rights issue and part of the overallotment issue receive approximately MSEK 7.7 before transaction costs.
The subscription period for shares that can be subscribed for on the basis of the warrants will be 2 September 2019 - 16 September 2019.
Read full press release (in Swedish)
CloseZordix is looking to raise maximum MSEK 18.0 (including overallotment) in connecting to the listing of its class B shares on NGM Nordic MTF. We are happy to be advising the company on the listing process.
The capital injection from the offering will allow the company to accelerate its growth through marketing and development of new and existing game titles.
Read full press release (in Swedish)
ClosePrior to joining Augment Partners, Tor Wikman has worked within corporate finance and management consulting in Stockholm, as well as consulted for various start-ups in Sweden and U.S. Tor has advised on and managed a wide range of transactions, primarily within ECM and M&A, in the Nordic SME segment. Tor holds a MSc in Applied Economics and Finance from Copenhagen Business School.
CloseWe are happy to be advising ESEN eSports in its rights issue with additional warrants. The offer (including the warrants) totals to maximum MSEK 14.5. The rights issue is secured to 73.2 per cent through a combination of subscription commitments and underwritings.
The capital injection will mainly be used for sales and marketing efforts and to further develop the company's new digital tournament platform.
Read full press release (in Swedish)
CloseSavosolar's rights issue of approximately MEUR 3.5 was subscribed to 126 per cent. Furthermore the company has decided on a directed issue of approximately MEUR 0.9 as well as resolved to amend the terms and conditions of the company's stock option plan 2-2017.
CloseWe are happy to again be trusted in advising Savosolar in its rights issue with additional warrants.
The proceed from the offering and the warrants will be used to secure Savosolar's working capital need so that the company can deliver signed and potential upcoming orders in 2018-2019 and continue to streamline its operations to match profitability targets and the increasing demand globally.
CloseAugment Partners has acted financial advisor to Nitro Games in its directed issue of approximately MSEK 14.2. The proceeds from the directed issue will primarily be used for marketing of the company's new game Heroes of Warland.
Subscribers in the directed issue are a limited number of new institutional and professional investors and existing shareholders, including among others Aktia Nordic Micro Cap and exisiting shareholders Swedbank Robur Ny Teknik, Feat Invest AB, Savox Investments S.A. and Jasperus S.A.
CloseAugment Partners acted as advisor to njuice AB (SQUID) on its recent equity financing that will be used for marketing as well as further development of the application.
SQUID is the first news aggregation app built for millennials. The goal of the app is to make relevant news readily available, offering a wide range of topics that let users select and create their personalised news feeds. SQUID’s unique algorithms gather news automatically from the best sources on the on the web.
The app is launched several European countries. In every country, the users can read local and global news in their language but also switch quickly between countries to practice reading skills in the second language for example.
CloseSeafire has been approved for trading on Nordic MTF by Nordic Growth Market NGM AB. The trading will commence on 16 November 2017.
The Seafire share will trade under the short name SEA MTF.
Read full press release (in Swedish)
ClosePrior to joining Augment Partners, John Biström has worked within corporate finance at e.g. Erik Penser Bank and management consulting at Roland Berger in Stockholm. John has managed several transactions, especially within ECM, in the Nordic SME segment. John holds a MSc in Finance from Hanken School of Economics and has studied business at Rensselaer Polytechnic Institute.
CloseToday Seafire AB (publ) published a prospectus for its IPO on NGM Nordic MTF. We are happy to be advising the company in the transaction.
Seafire acquire and develop unlisted companies with strong brands and leading market positions. The capital injection from the share issue will be used to finance further acquisitions.
Read full press release (in Swedish)
CloseSavo-Solar's right issue of approximately MEUR 4.3 has been subscribed to 113 per cent. Furthermore, the company has decided on two directed issues as well as on a new stock option plan for the management.
Jari Varjotie, Managing Director of Savo-Solar: "It is great to see that investors have continued interest in the utilization of the clean solar energy. We at Savo-Solar are very happy with the positive response to the rights issue and I would like to thank all present and new shareholders who participated in the issue. The proceeds of the issue enable us to continue the implementation of our growth strategy. The business outlook is good and recent successes among others in France prove that our solutions are competitive. We will continue our determined work for reaching our targets for growth and profitability.”
CloseCopperstone Resources AB has decided to change Certified Adviser to Augment Partners as from 1 October 2017.
The current Certified Adviser agreement with G&W Kapitalförvaltning AB will end as per 30 September 2017.
Read full press release (in Swedish)
CloseNitro Games has been approved for trading on Nasdaq First North Sweden. First day of trading is 16 June 2017.
CloseAugment Partners and Mangold Fondkommission are acting as financial advisors to Savo-Solar in its rights issue with additional warrants enabling the company to raise up to a maximum of approximately MEUR 6.4.
Fast growth, investments in cost-effective production, a lowered order backlog since the end of 2016 and preparation for the execution of coming orders have resulted in the need of more working capital.
CloseWe are pleased to announce that Augment Partners is acting financial advisor to Nitro Games in its IPO on Nasdaq First North Sweden.
Nitro Games aims to raise MEUR 3.2 through the IPO. The capital injection will be used for repayment of loans, working capital, initial marketing costs for published games and outsourced mass development costs.
CloseThe Board of Directors in Savo-Solar Oyj has decided to change Certified Adviser to Augment Partners.
The current Certified Adviser agreement with Mangold Fondkommission AB will end on 26 April 2017. Augment Partners will act as the Company’s new Certified Adviser from 27 April 2017.
CloseNuuka Solutions Oy has been investigating a listing on Nasdaq First North Stockholm. We are happy to announce that Augment Partners is selected as an advisor for a private placement and the IPO process.
Tarja Teppo, Chairman of the Nuuka Board: "We are very happy to announce that we chose Augment Partners to manage this process. We know the team well and have been impressed with their energy, enthusiasm and professionality. The Nuuka team is looking forward working together with Augment Partners."
CloseApr
Augment is looking for analysts and analyst interns for fall 2022
We are looking for full-time Analysts and for Analyst Interns to join us for 12-24 weeks during fall 2022.
Click here for more information.
CloseApr
Eurobattery Minerals decides on a directed convertible issue of SEK 18 million
Eurobattery Minerals AB has decided on a directed issue of convertibles of SEK 18 million to Formue Nord Fokus A/S.
The proceeds will be used to finance the acquisition of additional shares in FinnCobalt Oyj and further value-creating investments in the company's projects. The capital injection also creates flexibility for acquiring new projects.
Augment acted as the financial advisor in the transaction.
Read the full press release here.
CloseApr
Approximately 88 per cent of Savosolar's warrants used for subscription of shares
Approximately 88 per cent of Savosolar Plc’s warrants under warrant plan 1-2021 have been used for subscription of shares. Based on the warrants, 33,991,820 new shares were subscribed for, raising approximately EUR 1.02 million.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here (in English).
CloseMar
Sun4Energy acquires Atum Energi and raises SEK 5 million
Sun4Energy has entered into an agreement to acquire 100 per cent of the shares in Atum Energi, a solar panel installer headquartered in Helsingborg.
In connection with the transaction, Sun4Energy raises SEK 5 million in a directed issue to a limited number of Swedish investors. The proceeds will be used to capitalize on the company's strong order backlog, which after the acquisition of Atum Energi amounts to approximately SEK 60 million. Consequently, the issue enables the continued development of Sun4Enegy's core operations within the sales and installment of solar panels and electric car chargers.
Augment acted as financial advisor to Sun4Energy in connection with the directed issue.
Read full press release about the acquisition (in Swedish).
Read full press release about the directed issue (in Swedish).
CloseMar
Ekobot decides on a rights issue and directed convertible issue of SEK 16.6 million
EKOBOT AB (publ) is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
Ekobot has decided on a rights issue of units of approximately SEK 13.6 million and a directed issue of convertibles of SEK 3.0 million, subject to the approval of the Extraordinary General Meeting, in order to begin the commercialization phase of autonomous agricultural robots.
Read the full press release here.
Augment acts as the company’s financial adviser in the transaction.
CloseMar
Northgold raises SEK 40 million in IPO
Northgold AB is a Swedish gold exploration and development company with multiple resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland. The company’s projects host informal combined resources of 725 000 oz AuEq.
Northgold raised SEK 39.6 million in its IPO on Nasdaq First North and the proceeds will be used for conducting exploration activities with the goal of expanding the company’s gold resources to over 1,000,000 oz AuEq of NI43-101 compliant resources within 18 months of the first day of trading on First North.
Read the full press release here (in English).
Augment acts as the company's financial adviser in the IPO.
CloseFeb
Flat Capital raises capital for new investments
Flat Capital is an investment company with a genuine long-term perspective that invests in people who are passionate, dedicated, have potential and skin in the game. The company was founded 2013 by Nina Siemiatkowski and Sebastian Siemiatkowski (co-founder & CEO of Klarna) and has since then built a portfolio of 16 companies.
Since the IPO in October 2021, Flat Capital have kept a high pace and investments has been done in Kry, Figma, LoveLocal, Klarna and now also indicatively in Getir. The company’s strategy of investing in exciting unlisted tech companies, where access is often reserved for an exclusive group of the best VC funds in the world, has worked out well. Flat has a strong pipeline of attractive investments and aims to raise additional capital through a rights issue in order to capitalize on these opportunities.
Augment acts as financial advisor in the rights issue.
CloseFeb
Northgold launches IPO
Northgold AB is a Swedish gold exploration and development company with multiple resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland. The company’s projects host informal combined resources of 725 000 oz AuEq.
Northgold is carrying out an IPO on Nasdaq First North Growth Market Sweden and the funds of SEK 43.5 million, with an over-allotment option of SEK 6.5 million, will be used for conducting exploration activities with the goal of expanding the company’s gold resources to over 1,000,000 oz AuEq of NI43-101 compliant resources within 18 months of the first day of trading on First North.
Read the full press release here (in English).
Augment acts as the company's financial adviser in the IPO.
CloseNov
Kvix raises SEK 26 million in IPO
Kvix provides a unique streaming platform that connects wellness inspirers with people who strive for increased well-being. The platform is available via app and browser and is adapted for several different devices.
Kvix's objective is to create a market-leading platform for wellness where members can partake in live sessions on physical, mental, and lifestyle-related well-being. Members can interact with streamers and receive live feedback via the webcam if desired. Through the in-house developed streaming platform, Kvix intends to become the meeting place of choice for those interested in health.
Kvix raised SEK 26.0 million in its IPO on NGM Nordic SME to support its ambition in becoming the pre-eminent forum for wellness. The proceeds will be used to strengthen the company's financial position for further development of the platform and improving customer outreach by marketing.
Read the full press release here (in Swedish).
Augment acts as the company’s financial advisor in the IPO.
CloseNov
Sun4Energy's IPO subscribed to 322 per cent by 2,000 investors
Sun4Energy sells and installs solar cell systems and electric car chargers to individuals, tenant-owners' associations, companies, and municipalities. The company handles all stages internally through purchasing of components, design, sales, installation, assembly, and commissioning.
Sun4Energy is facing an expansive growth phase with the ambition of completing two to three acquisitions annually until 2025. The company also intends to invest in strengthening the sales and future wholesale division as well as a digital platform to facilitate a better experience for the company's customers.
The IPO was subscribed to 322 per cent by approximately 2,000 investors. Raised capital, in total SEK 14.0 million, will primarily be used for acquisitions and other growth initiatives.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO and acts as the company's Mentor.
CloseNov
Savosolar raises SEK 55 million in rights issue
Savosolar is a Finnish public limited company that designs and supplies solar thermal energy systems. The heating systems use the company’s own, internationally awarded solar heat absorbers and collectors. Although the main business is turnkey delivery of heating systems, absorbers and collectors are also supplied and installed separately. Savosolar currently manufactures the most efficient large solar thermal collectors with MPE absorbers in the world. Savosolar recently supplied a solar heating system exceeding 14,000 m2 to Kyotherm Solar in Issoudun, making it the largest solar thermal system constructed in France to this day.
The net proceeds from the issue will be used to secure the company's working capital needs, increase its financial capacity to deliver signed and future orders and increase its ability to meet the growing market demand for large solar thermal systems in both industrial processes and district heating segments.
Augment acted as financial advisor to Savosolar in the rights issue.
Read the full press release here.
CloseNov
Kvix launches IPO
Kvix provides a unique streaming platform that connects wellness inspirers with people who strive for increased well-being. The platform is available via app and browser and is adapted for a number of different devices. Kvix members can select from a wide range of content to tailor an individual programme for long-term and sustainable well-being.
Kvix's objective is to create a market-leading platform for wellness where members can partake in live sessions on physical, mental, and lifestyle-related well-being. Members can interact with streamers and receive live feedback via the webcam if desired. Through the in-house developed streaming platform, Kvix intends to become the pre-eminent meeting spot for health-related content.
Kvix is carrying out a SEK 26.0 million IPO on NGM Nordic SME to support its ambition in becoming the pre-eminent forum for wellness. A notable step on the impending growth journey is the launch of Wellstar - the world's first talent competition for wellness streamers.
Read the full press release here (in Swedish).
Augment acts as the company’s financial advisor in the IPO.
CloseNov
Sun4Energy launches IPO
Sun4Energy sells and installs solar cell systems and electric car chargers to individuals, tenant-owners' associations, companies, and municipalities. The company handles all stages internally through purchasing of components, design, sales, installation, assembly, and commissioning.
Sun4Energy is facing an expansive growth phase with the ambition of completing two to three acquisitions annually until 2025. The company also intends to invest in strengthening the sales and future wholesale division as well as a digital platform to facilitate a better experience for the company's customers.
Sun4Energy is carrying out an IPO on NGM Nordic SME, and the funds of SEK 14.0 million will primarily be used for acquisitions and other growth initiatives.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseOct
Flat Capital raises SEK 100 million in IPO oversubscribed by over 27,000 investors
Flat Capital is an investment company with a genuine long-term perspective that invests in people who are passionate, dedicated, have potential and skin in the game.
The company was founded 2013 by Nina Siemiatkowski and Sebastian Siemiatkowski (co-founder & CEO of Klarna) and has since then built a portfolio of 13 companies.
At the time of the IPO the largest holdings are Klarna, Budbee and Truecaller. Since start the current portfolio (excluding Klarna) has had an impressive development with an annualised return of 40.8 percent and a MOIC of 5.1x.
The IPO was heavily oversubscribed (volume over SEK 1.2 billion) by over 27,000 investors. Flat Capital will use the proceeds for investments in new companies and to support current holdings.
Augment acts as financial advisor in IPO and as Certified Adviser on Nasdaq First North Growth Market.
Read full press release here (in Swedish)
CloseOct
Motion Display raises SEK 18.7 million to prepare for a post-pandemic market
Motion Display is a company that was founded in 2005 by Erik Danielsson, former CEO of Pharmacia AB and founder of e.g. Pricer AB, global leader in ESL (Electronic Shelf Labels).
Motion Display develops, manufactures and markets attention grabbing point-of-purchase advertisement, for effective in-store marketing. The price-awarded point-of-purchase displays are based on E Ink Corporation's electronic ink technology.
The Board of Directors has decided on a rights issue amounting to maximum SEK 18.7 million in order to strengthen the financial position and realize expansion strategies when the market begins to reopen after the pandemic. The rights issue is secured to 70 per cent through subscription commitments and underwriting.
Augment acts as financial advisor in the transaction.
Read full press release here (in Swedish)
CloseSep
Augment is looking for analysts and analyst interns for 2022
We are looking for full-time Analysts and for Analyst Interns to join us for 12-24 weeks during 2022.
Click here for more information.
CloseSep
Asteria closes SEK 10 million capital raise from Svea Ekonomi
Augment acted as advisor to Asteria on its capital raise of SEK 10 million from Svea Ekonomi.
The capital injection enables the company to take the next step on its journey to deliver world class AI software and service small businesses and entrepreneurs with cash advisory. The capital raise allows Asteria to pursue regional expansion and further investments in the company's technology nto service its customers.
Sep
Blick Global Group raises SEK 20.5 million for vertical expansion within iGaming
Blick Global Group AB (publ) is a company with the core focus of building a group within the iGaming industry and provides operators with a unique value proposition in digital marketing, through Wiget Group AB, and, as of today, gaming development with the acquisition of Oregon Main Interactive AB ("OMI").
OMI was founded in Sweden as a development consultancy firm servicing the ever-expanding iGaming industry. In parallel, OMI also developed game technology of their own. Recently, OMI signed a fully funded exclusive partnership to develop online gaming slots for one of the global leaders in the gaming industry.
The Board of Directors has decided on a rights issue amounting to SEK 20.5 million in order to execute on its strategy to expand their positions within the iGaming industry. The rights issue is secured to 100 per cent through subscription commitments and underwriting.
Augment acts as financial advisor in the transaction.
Read full press release here (in Swedish)
CloseJun
Approximately 93 per cent of Raytelligence's warrants used for subscription of shares
Approximately 93 per cent of Raytelligence's warrants of series TO1 have been used for subscription of 3,386,149 shares, raising approximately SEK 8.53 million before issue costs. The company has additionally decided on a directed share issue of approximately SEK 0.67 million.
Augment acted as financial advisor to Raytelligence in connection with the transaction.
Read the full press release here (in English).
CloseJun
Seafire raises SEK 40 million from Alcur Fonder
Seafire AB has raised SEK 40 million in a directed issue to Alcur Fonder AB.
Seafire is a Swedish investment company specialising in developing SMEs in niche industries with a clear competitive edge/value-add.
The proceeds will primarily be used to finance future acquisitions.
Augment acted as financial advisor in the transaction.
Read the full press release here (in Swedish)
CloseJun
Aventura's IPO oversubscribed
Aventura is a China focused e-commerce and brand accelerator founded by Swedish entrepreneurs with over 50 years experience of starting and running businesses in China. From its base in Shanghai, Aventura builds fast growing e-commerce and consumer businesses.
Today the company has 85 employees with skills across marketing, sales, e-commerce and logistics. With knowledge of how the Chinese digital ecosystem and consumer behavior work, that is how people communicate, pay, buy, and find information online, Aventura maintains the key functions needed to launch and scale consumer brands on the Chinese market. Since start in 2011, Aventura has collaborated with over 200 international brands.
The IPO was oversubscribed to 151 per cent. Raised capital, in total SEK 18.2 million, will primarily be used to fund investments in joint-ventures and to further build the organizational structure with identified key hires, primarily to be able to meet the demand and take on more customers.
Read the full press release here (in Swedish).
Augment acted as the company's financial adviser in the IPO and acts as its Certified Adviser.
CloseJun
SOZAP's IPO subscribed to 794 per cent by 5,250 investors
SOZAP is a digital entertainment company with competence and ambition at its core. SOZAP has a strong corporate culture and organizational model built on independent teams where each member is passionate about their role. Through this collaboration of creative minds, SOZAP is developing into a global powerhouse of digital entertainment.
SOZAP's first game, the mobile shooter ARMED HEIST, has been downloaded more than 20 million times since its launch in 2019. In addition to ARMED HEIST, the company's two new development teams have three more games in different development phases, two of which are planned to be launched in 2021.
The IPO was subscribed to 794 per cent by approximately 5,250 investors. Raised capital, in total SEK 26.1 million, will primarily be used to expand the user acquisition activities for ARMED HEIST, key hires and for the commercial launch of upcoming game titles.
Read the full press release here (in Swedish).
Augment acted as the company's financial adviser in the IPO.
CloseMay
Aventura launches IPO
Aventura is a China focused e-commerce and brand accelerator founded by Swedish entrepreneurs with over 50 years experience of starting and running businesses in China. From its base in Shanghai, Aventura builds fast growing e-commerce and consumer businesses.
Today the company has 85 employees with skills across marketing, sales, e-commerce and logistics. With knowledge of how the Chinese digital ecosystem and consumer behavior work, that is how people communicate, pay, buy, and find information online, Aventura maintains the key functions needed to launch and scale consumer brands on the Chinese market. Since start in 2011, Aventura has collaborated with over 200 international brands.
Aventura is carrying out an IPO on Nasdaq First North Growth Market, and the funds of SEK 18.2 million will primarily be used to fund investments in joint-ventures and to further build-out the organizational structure with identified key hires, primarily to be able to meet the demand and take on more customers.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseMay
SOZAP launches IPO
SOZAP is a digital entertainment company with competence and ambition at its core. SOZAP has a strong corporate culture and organizational model built on independent teams where each member is passionate about their role. Through this collaboration of creative minds, SOZAP is developing into a global powerhouse of digital entertainment.
SOZAP's first game, the mobile shooter ARMED HEIST, has been downloaded more than 20 million times since its launch in 2019. In addition to ARMED HEIST, the company's two new development teams have three more games in different development phases, two of which are planned to be launched in 2021.
SOZAP is carrying out an IPO on Nasdaq First North Growth Market, and the funds of SEK 26.1 million will primarily be used to expand the user acquisition activities for ARMED HEIST, key hires and for the commercial launch of upcoming game titles.
Read the full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseMay
Augment Gaming Forum 2021 held on May 21st
We are happy to invite you to Augment Gaming Forum 2021. The event will be held on May 21, 2021 and will be organized digitally. During the event, which will take place between 08:55–14:30 CEST, nine companies from the rapidly growing gaming sector will present. Each company will present for 20 minutes followed by a 10 minute Q&A session led by moderator Albin Kjellberg.
RSVP here.
Schedule:
08:55 Augment Gaming Forum 2021 starts
09:00 Zordix
09:30 SOZAP
10:00 MAG Interactive
Break
11:00 Flexion Mobile
11:30 Safe Lane Gaming
12:00 Enad Global 7
Break
13:00 Adverty
13:30 Nitro Games
14:00 Qiiwii Games
Apr
Hemply Balance's IPO subscribed to 716 per cent
Established in 2016, Hemply Balance is the leading CBD brand in Sweden with a fully compliant THC-free product line including intimate, tinctures & topicals. Hemply is at the intersection of two high-growth markets; global CBD and fem care & sexual wellness.
The business model is based on D2C and B2B sales of products to consumers via its own webshop and distributors. Hemply has signed an agreement with Lyko.se for sales and distribution of its intimate product line in Sweden and also to sell the tinctures product line in Germany, the Netherlands, Poland and Austria. The combination of D2C and B2B provides multiple revenue streams and scalability.
The IPO was subscribed to 716 per cent by approximately 1,200 investors. Raised capital, in total SEK 12.5 million, will primarily be used for launching the domestic CBD-intimate line, key hires and marketing activities. First day of trading on NGM Nordic SME is expected to be on 6 May 2021.
Read the full press release here (in Swedish).
Augment acted as the company’s financial adviser in the IPO and acts as its Mentor.
CloseApr
Sweden's leading CBD brand Hemply Balance launches IPO
Established in 2016, Hemply Balance is the leading CBD brand in Sweden with a fully compliant THC-free product line including intimate, tinctures & topicals. Hemply is at the intersection of two high-growth markets; global CBD and fem care & sexual wellness.
The business model is based on D2C and B2B sales of products to consumers via its own webshop and distributors. Hemply has signed an agreement with Lyko.se for sales and distribution of its intimate product line in Sweden and also to sell the tinctures product line in Germany, the Netherlands, Poland and Austria. The combination of D2C and B2B provides multiple revenue streams and scalability.
Hemply is carrying out an IPO on NGM Nordic SME and the funds of SEK 12.5 million, indicatively with up to an additional SEK 12.5 million via warrants in Q4 2021, will be used for launching the domestic CBD-intimate line, key hires and marketing activities.
Read full press release here (in Swedish).
Augment acts as the company's financial adviser in the IPO.
CloseApr
Trainimal's IPO oversubscribed by more than 900 investors
Trainimal AB is a digital fitness company, offering personal training and nutritional advice through smart technology developed by the company itself. The company's most famous product is MammaFitness and has helped over 30,000 customers to become the best version of themselves.
The IPO was oversubscribed to approximately 111 per cent by 900 investors. The total capital raised, before issuance costs, amounts to SEK 15.5 million. The proceeds will primarily be used for Trainimal's growth initatives, aiming at increasing the company's market share in Sweden, achieving a higher average revenue per customer and initiating a geographical expansion of MammaFitness starting with a launch in the United Kingdom. First day of trading on NGM Nordic SME is expected to be on 16 april 2021.
Read the full press release here (in Swedish)
Augment acted as the company's financial adviser in the IPO and acts as its Mentor.
CloseMar
Approximately 90 per cent of Savosolar's warrants used for subscription of shares
Approximately 90 per cent of Savosolar Plc’s warrants under warrant plan 2-2020 have been used for subscription of shares, raising approximately EUR 1.25 million. The company has additionally decided on a directed share issue of approximately EUR 0.15 million. Therefore, a total of approximately EUR 1.4 million was raised in the transactions.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here (in English).
CloseMar
Seafire raises SEK 40 million from Creades
Seafire AB has raised SEK 40 million in a directed issue to Creades AB.
Seafire is a Swedish investment company specialising in developing SMEs in niche industries and with a clear competitive edge/value-add.
The proceeds will primarily be used to finance future acquisitions. The directed issue means that Creades will become the largest shareholder in Seafire.
Augment acted as financial advisor in the transaction.
Read the full press release here (in Swedish)
Mar
Digital fitness company Trainimal launches IPO
Trainimal AB develops and operates subscription-paid solutions for online physical training and nutritional advice.
It all started with Olga Rönnberg offering digital personal training for new mothers. Trainimal has since helped more than 30,000 customer reach their potential.
Trainimal is carrying out an IPO on NGM Nordic SME and the funds will be used for further market growth in Sweden as well as preparing for an international expansion.
Augment acts as the company's financial adviser in the IPO.
Read the full press release here (in Swedish)
Mar
Ekobot's IPO oversubscribed to 189 per cent
Ekobot AB is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
The IPO was oversubscribed to 189 per cent by approximately 1,600 investors. Raised capital, in total SEK 20.5 million, will primarily be used for new hires and further development of the robot. First day of trading on Nasdaq First North is expected to be on 15 March 2021.
Read the full press release here (in Swedish).
Augment acted as the company’s financial adviser in the IPO and acts as its Certified Adviser.
CloseFeb
Nordic Iron Ore secures financing of SEK 20.9 million
Augment has advised Nordic Iron Ore in connection with securing a loan financing of 20.9 million. The financing is a combination of a convertible loan and a credit facility. Iron Ore prices is at 10-year highs and the demand for high-quality products has increased over the past years.
The financing enables the Company to begin design work prior to the start of construction at the main asset Blötberget. At the same time the Company can continue to evaluate various long-term project financing options.
Read full press release here (in Swedish)
CloseFeb
Nitro Games raises SEK 35 million
Nitro Games has raised 35.0 MSEK in a directed issue to Swedish and Finnish investors, with strong support from current shareholder Egmont Holding Oy, among others.
The proceeds will primarily be used for the further development of the Company's game portfolio of shooter games and therefore the journey towards Nitro Games' vision of becoming a household name in the category of shooter games on mobile.
Augment acted as financial advisor in the transaction.
Read the full press release of the directed issue
CloseFeb
Ekobot launches SEK 20.5 million IPO
Ekobot AB is the company behind one of the world’s first fully autonomous field robots that can take care of mechanical weed control with exceptionally high precision. Ekobot helps farmers and growers reduce costs of weeding crops while also doing it in a CO2 neutral and ecological way.
Over the last decades, farmland has been maintained and optimized using methods that negatively impact the environment. It’s becoming increasingly clear that current practices are gradually destroying our plant and animal heritage. Ekobot is in a very exciting development phase in a rapidly growing market where ever greater demands are placed on sustainable and healthy food production.
Ekobot is the result of the founder Ulf Nordbeck’s thoughts and desire to combine robotics and healthy sustainable food production. The company's goal is to be able to offer practical and sustainable solutions to agricultural issues while reducing workload with autonomous tools for vegetable farmers.
The company aims to raise approximately SEK 20.5 million in the IPO on Nasdaq First North. Ekobot plans to use the net proceeds of the IPO for the following purposes:
Read the full press release here (in Swedish).
Augment acts as the company’s financial adviser in the IPO and as its Certified Adviser.
CloseFeb
Zordix acquires Just For Games and raises SEK 92 million
Zordix has entered into an agreement to acquire 100 per cent of the shares in the French gaming publisher and game distributor Just For Games.
In connection with the transaction the Board of Directors of Zordix decided on a directed issue of SEK 92 million, given the subsequent approval of an extraordinary general meeting. Investors in the directed issue included the consortium of Dan Sten Olsson and Erik Nielsen, Knutsson Holdings, Prioritet Finans, FE Fonder and Patrik Bloch.
Augment acted as financial advisor to Zordix in connection with the directed issue.
Read full press release about the acquisition
Read full press release about the directed issue (in Swedish)
CloseJan
A New Year's greeting from Augment
We’ve crossed the finish line for 2020, and where to begin? Suffice to say, the market and the year has been special, and a fair conclusion is that all things considered the stock market performance has been exceptionally strong. When OMX Stockholm fell over 11% on a single day in March, not many predicted that the year would close on all-time highs. After the turmoil, April to December feels like a non-stop highway fueled by major QE-programs worldwide.
Click here to read the full message
CloseNov
Approximately 91 per cent of Savosolar's warrants used for subscription of shares
Approximately 91 per cent of Savosolar Plc’s warrants under warrant plan 1-2020 have been used for subscription of shares, raising approximately EUR 1.5 million. The company has additionally decided on a directed share issue of approximately EUR 0.15 million. Therefore, a total of approximately EUR 1.7 million was raised in the transactions.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here (in English)
CloseNov
Raytelligence's rights issue subscribed to 211 per cent
Raytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
Raised capital, in total SEK 26.3 million, will be used to position Raytelligence as a leading provider of non-contact measurement of vital parameters internationally.
Augment acted as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseOct
Augment is looking for an analyst intern for spring 2021
We are looking for an Analyst Intern to join us during the spring 2021 for 12 to 24 weeks.
Click here for more information.
CloseOct
Approximately 96 per cent of Eurobattery's warrants used for subscription
Approximately 96 per cent of Eurobattery’s warrants under warrant plan 2020:1 have been used for subscription of shares, raising approximately SEK 22.7 million.
The proceeds will be used for further feasibility studies for the Corcel and Hautalampi projects, but also to explore the possibilities for new interesting acquisitions of assets in Europe.
Augment acted as financial advisor to Eurobattery in connection with the transaction.
Read the full press in Swedish release here.
Read the full press in English release here.
CloseOct
Zordix's rights issue subscribed to 324 per cent
The subscription period for Zordix’s rights issue, of approximately SEK 45.5 million, ended on October 13, 2020. The outcome shows that 3,744,403 shares was subscribed with subscription rights, corresponding to 99 per cent of the rights issue and that 8,525,044 shares was subscribed without subscription rights, corresponding to 225 per cent of the rights issue.
Augment acted as financial advisor to Zordix in connection with the transaction.
Read the full press in Swedish release here
CloseOct
Aino Health's rights issue subscribed to 272 per cent
Aino Health’s rights issue of approximately SEK 15.9 million was heavily oversubscribed. Approximately 88 per cent of the rights issue was allocated to subscribers who subscribed for shares with subscription rights and 12 per cent to those who subscribed for shares without subscription rights.
Augment acted as project leader to Aino Health in connection with the transaction.
Read the full press in Swedish release here.
Read the full press in English release here.
CloseOct
Hacksaw raising capital for further expansion
Augment acted as financial advisor to Hacksaw on its recent equity financing.
Hacksaw is a Malta-based online gaming game developer and technology provider (B2B), founded in 2018 by industry veterans. The company is a true mobile first game developer for slots and scratch cards, with specialty focus on providing the highest jackpots on the market. The company is licensed and certified in multiple countries and has several partnerships with game aggregators enabling further growth.
Proceeds from the private placement will be used to increase the sales force and to build the organisation with design & development talents.
CloseSep
Raytelligence raising SEK 26.3 million for international expansion
Raytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
The Board of Directors has decided, given the consequent acceptance by an Extra Ordinary General Meeting, on an issue of units with preferential rights for existing shareholders amounting to SEK 26.3 million. The capital injection from the rights issue will be used to position Raytelligence as a leading provider of non-contact measurement of vital parameters internationally. The rights issue is secured to 100 per cent through subscription commitments and underwriting.
Augment is acting as financial advisor to Raytelligence in connection with the transaction.
Read full press release here (in Swedish)
CloseAug
Biosorbe leading the biofiber revolution
Augment acted as advisor to Biosorbe AB on its recent equity financing that will be used for the commercialisation of GreenAll. The financing round was led by Jula Holding.
Biosorbe is a biofiber tech company that develops methods and products based on modified natural fibers that mimic and enhance the functionality of known fossil oil-based products and materials. The first patent applied method and product, GreenAll, has a unique hydrophobic characteristic and active absorption of non-polar compounds for many applications such as absorption/filtration of air or fluids. GreenAll can be applied to all kind of natural fibers such as wood, cellulose, or cotton.
GreenAll is a more environmentally friendly way compared to traditional methods used to clean the environment from spill and contamination.
Read full press release (in Swedish)
CloseAug
Zordix raises SEK 45 million for further acquisitions
Zordix is an international game developer and publishing group headquarter in Umeå, Sweden. The group consists of Zordix Racing, Zordix publishing, Dimfrost Studio and Invictus Games. The group has undergone strong growth in recent years and is looking to grow further through additional acquisitions and by developing its own intellectual properties.
In order to execute on its strategy, Zordix has resolved on a rights issue of SEK 45.5 million. The rights issue is secured to 70.0 per cent through subscription commitments and underwriting.
Augment acts as financial advisor in the transaction.
Read full press release (in Swedish)
CloseJul
Nordic Iron Ore raises loan to finalize ongoing optimization study
Nordic Iron Ore has decided to raise a loan of SEK 5.0 million, which adds additional working capital to the company. With the capital increase, the company gets the sufficient resources to finalize an optimization study for the Blötberget project that Whittle Consulting, a strategic planning for mining specialist consultancy based in Australia, is conducting. The study will be reported later in the current quarter.
Augment has acted as financial advisor in the transaction.
Read full press release (in Swedish)
CloseJul
Eurobattery's rights issue subscribed to 209 per cent
Eurobattery’s rights issue of approximately SEK 47.3 million was heavily oversubscribed. Approximately 78.9 per cent of the rights issue was allocated to subscribers who subscribed for units with unit rights and 22.1 per cent to those who subscribed for units without unit rights.
Augment acted as financial advisor to Eurobattery in connection with the transaction.
Read the full press in Swedish release here.
Read the full press in English release here.
CloseJun
Savosolar's rights issue subscribed to 264 per cent
Savosolar’s rights issue of approximately EUR 4.3 million was heavily oversubscribed. 83.6 % of the rights issue was allocated to subscribers who subscribed for shares with subscription rights and 16.4 % to those who subscribed for shares without subscription rights.
Augment acted as financial advisor to Savosolar in connection with the transaction.
Read the full press release here.
CloseMay
Tamturbo withdraws oversubscribed IPO due to investment from strategic partner
Tamturbo Plc (“Tamturbo” or “the Company”) has today received an investment in the Company from a strategic industrial partner. A condition for the investment was that the Company does not list its shares as of now. Therefore, the Company has decided to withdraw its intital public offering (the “IPO”) and contemplated listing of its shares on Nasdaq Helsinki Oy’s First North Growth Market Finland marketplace.
Even if the IPO was oversubscribed by approximately 2,000 investors, the Company believes the investment from this industrial partner is strategically a better path forward at the moment.
CloseMay
Tamturbo launches EUR 6.0 million IPO
Tamturbo experienced strong sales growth in 2019. The Company’s first air compressors were sold in 2017, and by the end of 2019, the Company had sold 18 units to eleven different customers globally. The Company estimates that its current customers have a total of more than 1,500 compressors from various manufacturers in use in hundreds of different factories, and the Company is in negotiations with tens of similar potential customers. In 2019, the Company's net sales were approximately EUR 2.1 million, an increase of approximately 285 percent compared to 2018. The Company is well positioned and needs additional capital due to new orders and for generally growing global demand, which is why the Company is arranging the IPO and intends to apply for its shares to be traded on First North.
The Company aims to raise approximately EUR 6.0 million in the IPO. The Company plans to use the net proceeds of the IPO for the following purposes:
The Board of Directors has decided on an Additional Share Allotment to be executed in the event of an oversubscription of the IPO. If the Additional Share Allotment is subscribed in full, the Company's gross proceeds from the IPO will increase by approximately EUR 1.5 million.
Augment acts as the Company’s financial adviser in the IPO and as its Certified Adviser.
CloseMay
Raytelligence's rights issue subscribed to 553 per cent
Raytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
Raised capital, in total SEK 5.4 million, will be used for additional marketing activities internationally.
Augment acted as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseMay
Tamturbo is planning a listing on Nasdaq First North Finland
The IPO would open up the capital markets for the Company and strengthen its awareness and credibility among customers, suppliers and potential new employees of the Company. The IPO would also enable more liquidity in the Company’s shares.
The planned IPO is expected to consist of a new share issue. The objective of the planned IPO is to support growth in line with the Company’s strategy by enhancing the Company’s global growth strategy for its sales, marketing and customer service as well as for expanding the Company’s other operations.
The Company’s largest shareholders would enter into ordinary lock-up agreements and many of them would also enter into subscription commitments in the IPO.
Augment acts as the financial adviser to the Company in the IPO and as the Certified Adviser according to the First North Nordic Rulebook.
CloseMay
Eurobattery signs an investment agreement and proposes rights issue
Eurobattery Minerals has signed an investment agreement with the option to acquire the Hautalampi nickel-cobalt-copper mine and proposes a rights issue of units SEK 46.5 million for mining activities in the company’s flagship Corcel Nickel-Cobalt-Copper project, but also in the Hautalampi project. The rights issue is secured to 50 per cent.
The option to acquire the Hautalampi nickel-cobalt-copper mine is a further step in building a high-quality exploration and production company with several projects in different stages of advancement throughout Europe. Today, Eurobattery Minerals has seven exploration permits for rare earth metals in Sweden and the Corcel project located in La Coruña and the Bibi project located in Ourense, Galicia, northwest Spain.
Augment is acting financial advisor to Eurobattery Minerals in connection with the transaction.
Read full press release about the rights issue (in English)
Read full press release about the acquisition (in English)
CloseApr
Savosolar plans to arrange a rights issue with additional warrants
Savosolar has established a strong brand as a reliable supplier of large solar heating systems, and the company's total number of systems already exceeds 100,000 m2, which demonstrates Savosolar's ability to supply value-added energy plants to customers. The market is growing globally with the ever-accelerating demand for clean energy production, and recent changes in the competitive situation open up ever greater opportunities for Savosolar to increase market share by being the technology and quality leader in the industry and via the references in which the customers are highly satisfied. The Company wants and needs to meet the growing market demand and therefore the Company plans to arrange a capital raise.
The capital raise consists of a EUR 4.3 million rights issue, secured to 80 per cent, including three series of warrants that can raise up to EUR 13.0 million additional capital during 2020-2021.
Augment is acting financial advisor to Savosolar in connection with the transaction.
Read the full press release here
CloseApr
Raytelligence decides on an expansive rights issue
Raytelligence offers products and services for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
The rights issue of maximum SEK 5.4 million is carried out to provide funds for additional marketing activities internationally.
Augment is acting as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseMar
Augment Gaming Forum 2020 postponed due to COVID-19
After careful consideration we have made the decision to postpone Augment Gaming Forum 2020, scheduled for May 12 in Stockholm.
Following increased concerns about the COVID-19 virus, we felt that this is the best way to proceed during such an unprecedented situation. Once there is more clarity in the situation we will revert with a new date. The lineup and the agenda will remain.
CloseFeb
Augment Gaming Forum 2020 - Save the date!
Welcome to Augment Gaming Forum 2020 where several companies within the gaming sector will present. Attending companies range from studios to companies offering gaming services, both listed and unlisted.
Full agenda will be distributed later in connection with the official invitation.
CloseJan
A New Year's greeting from Augment
We’ve concluded 2019 – a great year for the broader stock market and many interesting movements among micro caps. Throughout the year we’ve raised some 400 MSEK to unlisted and listed clients and we expect a continued high transaction activity during 2020. Given the listing boom over the past few years, the opportunity for good secondary offerings will continue to present itself. We expect increased listing activity on the Growth Markets in the incoming quarters. On our end we are looking at many interesting candidates.
Click here to read the full message
CloseDec
Adverty's rights issue subscribed to SEK 37.5 million - enables increased sales focus
Adverty is an adtech company that has developed an in-game advertising platform for ads. This allows game and app developers to monetize 100 per cent of user time, by seamlessly integrating advertising into the actual gaming experience and thus reach the consumer throughout the session time.
Raised capital will be used to accelerate sales and fill the company’s large in-game inventory with programmatic ads.
Augment acted as financial advisor to Adverty in the rights issue.
Read full press release (in Swedish)
CloseDec
First day of trading in Signatur Fastigheter
As announced in October 2019, Signatur Fastigheter AB (publ) (formerly Deflamo AB (publ); Nasdaq First North Growth Market: SIGN B) and SIG Invest AB (publ) jointly announced that the parties had entered an agreement for a reverse takeover where Signatur Fastigheter would acquire the shares in SIG Invest.
On 22 November 2019, the extraordinary general meeting of Signatur Fastigheter resolved on the reverse takeover between the parties. On 16 December 2019, the Swedish Companies Registration Office registered the reverse takeover and the first day of trading of the new entity was set to 17 December 2019.
Augment acted financial advisor in the reverse takeover between Signatur Fastigheter and SIG Invest.
CloseDec
88 per cent of Savosolar's warrants used for subscription and EUR 1.25 million directed issue resolved on
Approximately 88.38 per cent of Savosolar Plc’s warrants under warrant plan 1-2019 have been used for subscription of shares, raising EUR 2.27 million. Savosolar has additionally decided on a directed share issue of up to approximately EUR 1.25 million to a consortium of qualified investors.
Through this funding arrangement Savosolar improved its position in providing turn-key solutions for harvesting solar thermal in large scale for district heating and industrial process heating segments, by increasing its financial capacity to execute possible new projects, to be delivered in 2020 and onwards.
Augment acted as financial advisor in securing the warrants and in the directed issue.
CloseDec
Nordic Iron Ore's rights issue subscribed to 159 per cent
The subscription period for Nordic Iron Ore’s rights issue of SEK 20.0 million has ended and was subscribed to 159 per cent.
Therefore, the board has decided to exercise an overallotment issue of SEK 5.0 million, giving the company total proceeds of SEK 25.0 million. The capital from the issue will be used for preparations of mining activities and to give the company sufficient time for negotiation of required strategic financing agreements.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseNov
H&D Wireless' rights issue subscribed to SEK 37.5 million
H&D Wireless is a Swedish Internet of Things (IoT) and real time positioning (RTLS+GPS) cloud and platform system provider with the products Griffin and GEPS.
The subscription period for the company’s rights issue has ended and the company obtains SEK 37.5 million. The capital from the issue will be used for executing on the company’s strategy of increasing software sales.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseNov
Oboya enabled further growth through fully subscribed rights issue
The final outcome for Oboya´s rights issue, for which the subscription period ended on 14 November 2019, shows that 76.6 per cent of the shares offered were subscribed for by exercise of subscription rights. Additionally, 23,4 per cent of the rights issue was subscribed without use of subscription rights. The offering was thus fully subscribed and Oboya receives approximately SEK 41.2 million before deduction for issue costs.
The rights issue was carried out to strengthen the company´s financial position.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseNov
Raytelligence's rights issue subscribed to 192 per cent
The subscription period for Raytelligence's rights issue of shares with preferential rights to the company´s shareholders ended on 11 November 2019 and the rights issue was subscribed to 192 per cent, which means that Raytelligence will receive approximately SEK 10.8 million in issue proceeds before transaction costs.
The capital proceeds from the issue will be used for further commercialization.
Augment acted as financial advisor to the company in the rights issue.
Read full press release (in Swedish)
CloseNov
Augment is looking for an Analyst Intern for the spring 2020
We are looking for an Analyst Intern to join us during the spring 2020 for 12 to 24 weeks.
Click here for more information
CloseNov
Nordic Iron Ore raises SEK 20 million after positive DFS
Nordic Iron Ore has resolved on a rights issue of SEK 20 million which will provide capital for preparations for mining activities in Blötberget and give sufficient time for negotiation of required financing agreements. During 2019 the definitive feasibility study (“DFS”) regarding Blötberget was finalized. The DFS demonstrates good conditions for profitable mining activities, inter alia with an estimated yearly EBITDA of approximately MSEK 600 at full-scale production.
Besides the production preparations, the Company is conducting a study of Väsmanfältet, which is assumed to have a significantly larger iron ore reserve. Since both Väsmanfältet and Håksberg is nearby Blötberget, there is potential for significant economies of scale and synergies in terms of infrastructure.
Augment acts as financial advisor in the transaction.
CloseNov
Savosolar secures SEK 37.4 million in connection with the warrant plan
Savosolar’s vision is to be the first-choice supplier to high performance solar installations on a global scale. Focus is on large-scale applications like district heating, industrial process heating and real estate systems – market segments with a big potential for rapid growth. The company primarily delivers complete systems from design to installation, using the best local partners.
The warrants have been secured to between 100 and 200 per cent, depending on the subscription price, totalling EUR 3.5 million in proceeds. Through this funding arrangement Savosolar will further improve its position in providing turn-key solutions for harvesting solar thermal in large scale for district heating and industrial process heating segments, by increasing its financial capacity to execute possible new projects, to be delivered in 2020 and onwards.
Augment is acting financial advisor to Savosolar in connection with the transaction.
Read the full press release here
CloseOct
Adverty to accelerate sales - raising SEK 48.5 million
Adverty is an adtech company that has developed an in-game advertising platform for ads. This allows game and app developers to monetize 100% of user time, by seamlessly integrating advertising into the actual gaming experience and thus reach the consumer throughout the session time.
The rights issue of maximum SEK 48.5 million, underwritten to 77.3 per cent, is carried out to give Adverty proceeds to accelerate sales and fill their large in-game inventory with programmatic ads.
Augment is acting financial advisor to Adverty in connection with the transaction.
Read full press release (in Swedish)
CloseOct
SIG Invest and Deflamo entered agreement for reverse takeover
SIG Invest AB (publ) and Deflamo AB (publ) (Nasdaq First North Growth Market: DEFL B) have jointly announced that the parties have entered an agreement for a reverse takeover where Deflamo will acquire the shares in SIG Invest.
Deflamo's Board of Directors proposes that the Extraordinary General Meeting on 22 November, 2019 resolves, among other things, on the acquisition of SIG Invest through an issue in kind of a maximum of 1,769,838,194 new B shares in consideration for the shares in SIG Invest. Following the completion of the transaction, SIG Invest's shareholders will hold approximately 95.75 percent of the shares and 95.28 percent of the votes in Deflamo.
SIG Invest, founded in 2014, is a value-adding real estate company that works with innovative property development and property management.
Augment is acting as financial adviser to SIG Invest in connection with the reverse takeover.
Read full press release (in Swedish)
CloseOct
Nexstim secures SEK 31.5 million in warrants and a directed issue
Nexstim is a personalised neuromodulation company focused on approval and commercialisation of its therapeutic device (NBT® system) based on its unique SmartFocus® TMS (transcranial magnetic stimulation) technology for use in depression and chronic pain.
Nexstim secured the strike of the company's outstanding warrants through subscription and underwriting commitments and decided on an additional directed issue, altogether securing approximately SEK 31.5 million in proceeds for continued commersialisation of its Navigated Brain Therapy system for depression, among other things.
Augment is acting financial advisor to Nexstim in connection with the transaction.
CloseOct
Raytelligence decides on a rights issue of SEK 10.8 million
Raytelligence offers products and sevices for non-contact monitoring vital signs of humans, that is respiration, heartbeat and motion patterns based on the company’s own 60 GHz radar technology.
The rights issue of maximum SEK 10.8 million is carried out to provide funds to accelerate the company’s commercialisation.
Augment is acting as financial advisor to Raytelligence in connection with the transaction.
Read full press release (in Swedish)
CloseOct
Oboya decides on a rights issue of SEK 41.2 million
Oboya is an international business group of twenty companies operating in production and sales of products to the horticulture business. Oboya has grown rapidly and the company's operating income for 2018 amounted to SEK 530 million.
The rights issue of maximum SEK 41.2 million is carried out to strengthen Oboya's balance sheet and reduce the company's capital cost. Decreased financial costs will take Oboya one step closer to its long-term goal of achieving a net margin of 5-7 per cent.
Augment is acting financial advisor to Oboya in connection with the transaction.
Read full press release (in Swedish)
Sep
Augment Mining Forum 2019 announced!
We are happy to inform that Augment Mining Forum 2019 will take place on October 17, 2019 at Downtown Camper by Scandic. During the event, which will take place between 09:00 - 12:00 CET, four listed junior mining companies will present. Each company will present for 20 minutes followed by a 10-minute question session held by moderator Gabriel Mellqvist.
RSVP is done by clicking here.
Sep
H&D Wireless proposes rights issue of SEK 52 million
H&D Wireless is a Swedish Internet of Things (IoT) and real time positioning (RTLS+GPS) cloud and platform system provider with the products Griffin and GEPS.
The proposed rights issue of SEK 52.4 million is a part of the company's financing plan to provide funds to accelerate software sales within the most important segments and thereby gain business from the large pipeline of Swedish and international customers that the company posses.
Augment is acting financial advisor to H&D Wireless in connection with the transaction.
Read full press release (in Swedish)
Sep
SIG Invest and Deflamo entered LoI for reverse takeover
SIG Invest AB (publ) and Deflamo AB (Nasdaq First North Growth Market: DEFL B) have jointly announced that the parties have entered into a letter of intent for a reverse takeover where Deflamo will acquire the shares in SIG Invest by an issue in kind.
Following the completion of the transactions, the shareholders of SIG Invest will hold approximately 95 per cent of the shares and votes in Deflamo and the current shareholders of Deflamo will hold approximately 5 per cent of the shares and votes in Deflamo.
The transaction is subject to approval by Nasdaq and general meetings.
SIG Invest, founded in 2014, is a value-adding real estate company that works with innovative property development and property management.
Augment is acting as financial adviser to SIG Invest in connection with the reverse takeover.
Read full press release (in Swedish)
CloseJul
Nordic Iron Ore raises loan to analyze ongoing feasibility study
Nordic Iron Ore has decided to raise a loan of SEK 5.0 million, which adds additional working capital to the company. With the capital increase, the company gets the sufficient resources to efficiently analyze the results of the ongoing feasibility study for the restart of the mine in Blötberget. The study will be reported later in the current quarter.
Augment has acted as financial advisor in the transaction.
Jul
GoldBlue’s rights issue subscribed to SEK 14.3 million
The subscription period for GoldBlue's rights issue of shares with preferential rights to the company's shareholders ended on 1 July 2019 and the rights issue was subscribed to 85 per cent, which means that GoldBlue will receive approximately SEK 14.3 million in issue proceeds before transaction costs.
The capital proceeds from the issue will be used to expand the company's growth through increased marketing.
Augment acted as financial advisor to the company in the rights issue.
CloseJul
New analyst coverage of Seafire
Erik Penser Bank initiates coverage of Seafire. The forecasts done through a Sum-of-the-Parts and peer valuation, indicate a motivated share price of SEK 27.0 with a worst-case scenario of SEK 14.0.
The motivated share price of SEK 27.0 is circa 400 per cent higher than the share price at the time of the publication of the coverage.
Jul
Orezone becomes Eurobattery Minerals
Orezone AB changes its name to Eurobattery Minerals AB. The name change is part of the company´s commitment to extracting critical battery minerals such as cobalt, copper and nickel from its own assets in Europe.
- Our new name describes our plans very well. When production starts - and it is very soon - the goal is to be able to supply Europe's battery manufacturers with "green minerals" from Europe, says CEO Roberto García.
As of 15 July 2019, the share is traded under the name Eurobattery Minerals AB and the trading symbol on NGM Nordic MTF is BAT.
May
Adverty uptakes loan to increase activity on mobile gaming
Adverty has decided to raise a loan of SEK 10.0 million in order to increase activity on the mobile gaming sub-area. The platform's unique opportunities are to seamlessly integrate advertising into the actual gaming experience and thus reach the consumer throughout the game time, unlike competitors who only allow ads in menus and during game breaks. The loan runs until Q1 2020 with an annual interest rate of 12 per cent.
Augment is the company's financial advisor in the transaction.
Read full press release (in Swedish)
CloseMay
Orezone's rights issue subscribed to SEK 23.8 million
The subscription period for Orezone's rights issue of shares with preferential rights to the company's shareholders ended on 7 May 2019 and the rights issue was subscribed to 90 per cent, which means that Orezone will receive approximately SEK 23.8 million in issue proceeds before transaction costs.
The raised capital enables the planned exploration for the targets in the Corcel project.
Augment is the company's financial advisor in the transaction.
CloseMay
GoldBlue decides on a rights issue of SEK 16.9 million
The Board of Directors of GoldBlue AB (publ) has resolved, subject to the approval of the extraordinary general meeting, to carry out a new share issue with preferential rights for existing shareholders of no more than 105,380,555 shares, which upon a fully subscribed issue will raise total proceeds of approximately SEK 16.9 million before issue costs. The price per share in the rights issue is SEK 0.16 and the subscription period commences on 17 June 2019.
Augment is the company's financial advisor in the transaction.
CloseApr
Orezone closes acquisition of Corcel Minerals
Orezone has today closed the acquisition of Corcel Minerals S.L. The acquisition is made at a price of SEK 26.4 million and payment is made through a seller's invoice, which is subsequently offset against 3,777,089 shares in Orezone subscribed by the sellers in a directed issue. The price per share in the directed issue is the same as in the previously announced rights issue (SEK 7.0), whose subscription period commences on April 18 2019.
Augment is the company's financial advisor in the transaction.
Read full press release (in Swedish)
CloseMar
InCoax completes a directed issue of SEK 38 million
InCoax Networks today announces that the company has completed a directed issue of SEK 38.0 million corresponding to 3,040,000 shares in the company. The issue was announced on 15 March 2019 and received large interest from the investors.
Augment acted as financial advisor in connection with the directed issue.
CloseFeb
Orezone acquires Ni-Co-Cu project and proposes rights issue
Orezone acquires Corcel Minerals S.L. and proposes a rights issue of SEK 26.4 million for exploration and development of the Corcel Nickel-Cobalt-Copper project. The acquisition is the first step in building a high-quality exploration and production company with a number of projects in different phases. The rights issue is secured to 90 per cent through subscription commitments and underwritings.
Augment is acting financial advisor to Orezone in connection with the transaction.
Read full press release about the rights issue (in Swedish)
Read full press release about the acquisition (in Swedish)
CloseJan
Block trade in Nuevolution
Nuevolution is a biopharmaceutical company listed on Nasdaq Stockholm (Small Cap), focused on developing drug treatments for human diseases within immuno-oncology, oncology and inflammatory diseases.
Augment carried out a block trade of shares.
CloseDec
InCoax approved for listing
InCoax Networks has received approval from Nasdaq for listing of the company's shares on Nasdaq First North with the first day of trading on 3 January 2019. With respect to the listing, the company has published a company description with new financial information regarding InCoax's capital structure and net debt that has not previously been published.
CloseNov
InCoax to Nasdaq First North
InCoax Networks develops innovative solutions for broadband access with Gigabit-speed. The company today announced its IPO on Nasdaq First North. We are happy to be advising the company on the transaction.
The company is looking to raise MSEK 24.0 out of which MSEK 12.0 is subscribed through subscription commitments.
Read full press release (in Swedish)
CloseNov
Zordix with 1,100 new shareholders
Zordix gains approximately 1,100 new shareholders through its oversubscribed IPO. The IPO was subscribed to 143 per cent and the first day of trading on NGM Nordic MTF will be on 23 November 2018.
Read full press release (in Swedish)
CloseNov
ESEN eSports' rights issue oversubscribed
ESEN eSports' rights issue with additional warrants was subscribed to 105 per cent. The company will through the rights issue and part of the overallotment issue receive approximately MSEK 7.7 before transaction costs.
The subscription period for shares that can be subscribed for on the basis of the warrants will be 2 September 2019 - 16 September 2019.
Read full press release (in Swedish)
CloseOct
Game developer Zordix announces IPO
Zordix is looking to raise maximum MSEK 18.0 (including overallotment) in connecting to the listing of its class B shares on NGM Nordic MTF. We are happy to be advising the company on the listing process.
The capital injection from the offering will allow the company to accelerate its growth through marketing and development of new and existing game titles.
Read full press release (in Swedish)
CloseSep
Tor Wikman joins Augment
Prior to joining Augment Partners, Tor Wikman has worked within corporate finance and management consulting in Stockholm, as well as consulted for various start-ups in Sweden and U.S. Tor has advised on and managed a wide range of transactions, primarily within ECM and M&A, in the Nordic SME segment. Tor holds a MSc in Applied Economics and Finance from Copenhagen Business School.
CloseSep
Advising on ESEN eSports' rights issue
We are happy to be advising ESEN eSports in its rights issue with additional warrants. The offer (including the warrants) totals to maximum MSEK 14.5. The rights issue is secured to 73.2 per cent through a combination of subscription commitments and underwritings.
The capital injection will mainly be used for sales and marketing efforts and to further develop the company's new digital tournament platform.
Read full press release (in Swedish)
CloseJul
Savosolar's rights issue subscribed to 126 %
Savosolar's rights issue of approximately MEUR 3.5 was subscribed to 126 per cent. Furthermore the company has decided on a directed issue of approximately MEUR 0.9 as well as resolved to amend the terms and conditions of the company's stock option plan 2-2017.
CloseJun
Savosolar arranges MEUR 3.5 rights issue
We are happy to again be trusted in advising Savosolar in its rights issue with additional warrants.
The proceed from the offering and the warrants will be used to secure Savosolar's working capital need so that the company can deliver signed and potential upcoming orders in 2018-2019 and continue to streamline its operations to match profitability targets and the increasing demand globally.
CloseJun
Aktia Nordic Micro Cap invests in Nitro Games
Augment Partners has acted financial advisor to Nitro Games in its directed issue of approximately MSEK 14.2. The proceeds from the directed issue will primarily be used for marketing of the company's new game Heroes of Warland.
Subscribers in the directed issue are a limited number of new institutional and professional investors and existing shareholders, including among others Aktia Nordic Micro Cap and exisiting shareholders Swedbank Robur Ny Teknik, Feat Invest AB, Savox Investments S.A. and Jasperus S.A.
CloseJun
Fundraising for SQUID
Augment Partners acted as advisor to njuice AB (SQUID) on its recent equity financing that will be used for marketing as well as further development of the application.
SQUID is the first news aggregation app built for millennials. The goal of the app is to make relevant news readily available, offering a wide range of topics that let users select and create their personalised news feeds. SQUID’s unique algorithms gather news automatically from the best sources on the on the web.
The app is launched several European countries. In every country, the users can read local and global news in their language but also switch quickly between countries to practice reading skills in the second language for example.
CloseNov
Seafire first day of trading on NGM Nordic MTF
Seafire has been approved for trading on Nordic MTF by Nordic Growth Market NGM AB. The trading will commence on 16 November 2017.
The Seafire share will trade under the short name SEA MTF.
Read full press release (in Swedish)
CloseOct
John Biström joins Augment
Prior to joining Augment Partners, John Biström has worked within corporate finance at e.g. Erik Penser Bank and management consulting at Roland Berger in Stockholm. John has managed several transactions, especially within ECM, in the Nordic SME segment. John holds a MSc in Finance from Hanken School of Economics and has studied business at Rensselaer Polytechnic Institute.
CloseSep
The investment company Seafire announces its IPO
Today Seafire AB (publ) published a prospectus for its IPO on NGM Nordic MTF. We are happy to be advising the company in the transaction.
Seafire acquire and develop unlisted companies with strong brands and leading market positions. The capital injection from the share issue will be used to finance further acquisitions.
Read full press release (in Swedish)
CloseJul
Savo-Solar's rights issue oversubscribed
Savo-Solar's right issue of approximately MEUR 4.3 has been subscribed to 113 per cent. Furthermore, the company has decided on two directed issues as well as on a new stock option plan for the management.
Jari Varjotie, Managing Director of Savo-Solar: "It is great to see that investors have continued interest in the utilization of the clean solar energy. We at Savo-Solar are very happy with the positive response to the rights issue and I would like to thank all present and new shareholders who participated in the issue. The proceeds of the issue enable us to continue the implementation of our growth strategy. The business outlook is good and recent successes among others in France prove that our solutions are competitive. We will continue our determined work for reaching our targets for growth and profitability.”
CloseJul
Copperstone Resources changes Certified Adviser to Augment Partners
Copperstone Resources AB has decided to change Certified Adviser to Augment Partners as from 1 October 2017.
The current Certified Adviser agreement with G&W Kapitalförvaltning AB will end as per 30 September 2017.
Read full press release (in Swedish)
CloseJun
Nitro Games approved for trading on First North
Nitro Games has been approved for trading on Nasdaq First North Sweden. First day of trading is 16 June 2017.
CloseJun
Advising on Savo-Solar's rights issue
Augment Partners and Mangold Fondkommission are acting as financial advisors to Savo-Solar in its rights issue with additional warrants enabling the company to raise up to a maximum of approximately MEUR 6.4.
Fast growth, investments in cost-effective production, a lowered order backlog since the end of 2016 and preparation for the execution of coming orders have resulted in the need of more working capital.
CloseMay
Advising on game developer Nitro Games' IPO
We are pleased to announce that Augment Partners is acting financial advisor to Nitro Games in its IPO on Nasdaq First North Sweden.
Nitro Games aims to raise MEUR 3.2 through the IPO. The capital injection will be used for repayment of loans, working capital, initial marketing costs for published games and outsourced mass development costs.
CloseApr
Savo-Solar changes Certified Adviser to Augment Partners
The Board of Directors in Savo-Solar Oyj has decided to change Certified Adviser to Augment Partners.
The current Certified Adviser agreement with Mangold Fondkommission AB will end on 26 April 2017. Augment Partners will act as the Company’s new Certified Adviser from 27 April 2017.
CloseDec
Nuuka selects Augment Partners as advisor
Nuuka Solutions Oy has been investigating a listing on Nasdaq First North Stockholm. We are happy to announce that Augment Partners is selected as an advisor for a private placement and the IPO process.
Tarja Teppo, Chairman of the Nuuka Board: "We are very happy to announce that we chose Augment Partners to manage this process. We know the team well and have been impressed with their energy, enthusiasm and professionality. The Nuuka team is looking forward working together with Augment Partners."
Close