Sun4Energy Group AB has raised SEK 5.5 million in a directed issue of units of shares and warrants to a limited number of Swedish investors. Sun4Energy could receive additional proceeds of approx. SEK 7.2 million if the warrants of series TO1 are fully subscribed during the exercise period in March 2023.
The proceeds will be used to secure working capital for the continued delivery of the large order backlog and for continued growth investments.
Augment acted as financial advisor to Sun4Energy in connection with the directed issue.