The company just announced that investors have agreed to suscribe an increase of capital to raise USD 35M, at a price of SEK 16.
The USD 35 M, i believe is the current free float of the company so I understand this investor can not invest the ammount they want unless a capital raise is made.
This increase had a a premium of 300% when announced.
Si i understand this os a fair valuation made by experrts and the company should tend to move around those SEK 16.
On top of that, the company is going to acquire a fintech called Keo, who helps to made payments to companies regarding suppliers and employees expenses. This os going to be paid in shares, meaning a 50% dilution in the number of shares but bringing a company who IS cash generating.
The only doubt os if this capital raise is made only to make the shares they are going to use to pay the company more valuable.
Anyway, i believe It may be an arbitrage opportunity.
WHAT DO YOU THINK?
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