Stockholm – October 07, 2026 -- SciBase Holding AB has resolved on a set-off share issue of 60,000 new shares to Bergs Securities AB, settling part of the guarantee compensation owed for underwriting the company's recently completed rights issue.
Board approves compensation shares at SEK 15 apiece
The Board of Directors resolved on the Compensation Issue on October 7, 2026, under authorization granted at the Annual General Meeting on May 19, 2026. The subscription price of SEK 15 per share matches the price set in the underlying rights issue. Payment was made entirely through set-off against SEK 0.9 million of Bergs Securities' claim for guarantee compensation, and all 60,000 shares have been subscribed for and allotted.
Guarantee deal covered SEK 24.2 million of the rights issue
Bergs Securities had provided a guarantee commitment of approximately SEK 24.2 million for the rights issue, which the Board resolved on September 3, 2026, with the outcome announced October 1, 2026. Under the guarantee agreement, compensation was payable at 10 percent of the guaranteed amount in cash or 12 percent in newly issued shares at the rights-issue subscription price. Bergs Securities elected to take SEK 0.9 million of that compensation in equity rather than cash.
Share count rises to 14.12 million, diluting holders by 0.4 percent
The Compensation Issue lifts SciBase's share count from 14,059,787 to 14,119,787 shares, with share capital increasing by SEK 300,000 to SEK 70,598,935 following registration of the rights issue with the Swedish Companies Registration Office. The issuance dilutes existing shareholders by approximately 0.4 percent of total shares and votes.
Board cites cash preservation as rationale for equity payment
The Board stated that settling part of the guarantee fee in shares rather than cash preserves capital for operations, a term that was disclosed alongside the original rights-issue resolution on September 3, 2026. The subscription price was set through arm's-length negotiation when the guarantee letter of intent was signed, aligning it with the rights-issue terms.
Bergs Securities and Birchtree Advisory served as financial advisers on the rights issue, with BAHR acting as legal adviser; Bergs Securities also served as issuing agent. DNB Carnegie Investment Bank AB is SciBase's Certified Adviser on Nasdaq First North Growth Market.