Axactor ASA (0QIG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. Thank you for joining us and welcome to the Axactor ASA presentation of second quarter twenty twenty six results. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. If you have logged in via the webcast, please use the q and a button to submit your questions. I will now hand the conference over to Jonny Tsolis, CEO at Axactor. Please go ahead. Good morning and welcome to Axactor's second quarter presentation. With me today I have our CFO, Nina Mortensen. This presentation will be divided into four parts. First, I will take you through the main highlights, then Nina will present the financials before I will go through key focus areas going forward. We will round off with a Q and A session. This time I will focus on the two most important events in the quarter: firstly, the equity transaction and its main elements and secondly, the result of the book value assessment that was previously announced. Please move to slide three. As the main elements in the transaction are well known, I will not spend too much time repeating these, but rather focus on the results and where we stand. We raised a total of $215,000,000 in new equity, divided on 200,000,000 in the private placement and 15,000,000 in a successful subsequent offering. I'm happy to say that everyone that subscribed in the subsequent offering got full allocation, including any request for oversubscription. Hence, it is clear that the maximum subsequent offering of 20,000,000 was more than enough to cover all demand from existing shareholders. The co investment structure with Fortress is now up and running, with the legal structure established and t...