Hiddn Solutions ASA completes a NOK 30 million underwritten rights issue

Oslo Stock Exchange listed Hiddn Solutions ASA has completed an underwritten rights issue raising gross proceeds of NOK 30 million

The subscription price in the rights issue was set at NOK 1.75 per new share and 15,511,605 new shares in the company have now been issued and are listed on the Oslo Stock Exchange.

The net proceeds from the rights issue will be used to finance working capital in Hiddn Solutions’ ongoing business.

DNB Markets, a part of DNB Bank ASA, has acted as manager and Aabø-Evensen & Co has acted as legal advisor to Hiddn Solutions ASA in connection with the rights issue.

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