Business
Ortoma’s rights issue oversubscribed
Ortoma’s rights issue oversubscribed
About this update from Ortoma Ab Class B
Ortoma AB (publ) (“Ortoma the “Company”) announces the outcome of the fully guaranteed rights issue of approximately SEK 52 million (the “Rights Issue”). The subscription period in the Rights Issue ended on 15 April 2026. The outcome shows that 6,435,051 shares, corresponding to approximately 86.8 per cent of the offered shares, have been subscribed for by exercise of subscription rights in the Rights Issue. Additionally, applications for subscription of 9,593,262 shares without subscription rights, corresponding to approximately 129,3 per cent of the offered shares, have been submitted. Subscriptions with the support of subscription rights and subscription applications without the support of subscription rights correspond in total to approximately 216,1 per cent of the shares offered in the Rights Issue. The Rights Issue is thus oversubscribed and, consequently, no guarantee commitments will be utilized. As communicated by the Company on 3 March 2026, the board of directors resolved on the same date on a directed new issue of 2,285,715 shares at a subscription price of SEK 7.0 per share, corresponding to the subscription price in the Rights Issue to Anders Hallberg (the "Directed Issue"), whereby the Company will receive gross proceeds of approximately SEK 16 million before deduction of issue costs. Through the Rights Issue, Ortoma will receive gross proceeds of approximately SEK 52 million and together with the Directed Issue, the Company will thus receive gross proceeds of approximately SEK 68 million before deduction of issue costs.The Rights Issue encompassed 7,416,746 new shares of series B, of which 6,435,051 shares, corresponding to approximately 86.8 per cent of the offered shares, have been subscribed for by exercise of subscription rights. Additionally, applications for subscription of 9,593,262 shares without subscription rights have been submitted, corresponding to approximately 129.3 per cent of the shares. Subscriptions with the support of subscription rights and subscription applications without the support of subscription rights correspond in total to approximately 216.1 per cent of the shares offered in the Rights Issue. The Rights Issue is thus oversubscribed and, consequently, no guarantee commitments will be utilized. The subscription price was SEK 7.0 per new share and Ortoma will thus thus receive proceeds of approximately SEK 52 mi...