STO:BRIGHT — End of Trading in BTA

Jun 24, 2025, 9:59:59 PM UTC

Equity Offering

Summary

BrightBid Group AB has announced the end of trading in its BTA (Paid Subscription Option) on June 24, 2025, as part of its planned rights issue. The offering, approved by an extraordinary general meeting, aims to raise approximately 17.7 million SEK for funding ongoing organic growth and product development. The subscription price is set at 0.73 SEK per share, with existing shareholders facing a maximum dilution of about 40%. The rights issue is supported by commitments covering 29.9% of subscriptions and guarantees, which indicates a strong interest from investors. BrightBid Group operates within the adtech sector, offering data-driven traffic generation services through its SaaS products including BrightBid and Bidbrain. This strategy is expected to enhance its market position and expand its operational capabilities.

Participants
BrightBid Group AB

Company

BrightBid Group (STO:BRIGHT)

STOTechnology,

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