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InCoax Networks seeks shareholder approval for SEK 45 million rights issue

PUBT·10/13/2026 17:15:32
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InCoax Networks seeks shareholder approval for SEK 45 million rights issue
  • InCoax will ask shareholders on Nov. 13, 2026 to vote on a fully underwritten rights issue of about SEK 45 million.
  • The offer price is SEK 0.01 per share, with 1 subscription right per share; each right entitles holders to subscribe for 30 new shares.
  • Shareholders will also vote to cut the quota value to SEK 0.01 via a share capital reduction, enabling the SEK 0.01 issue price.
  • The rights issue is backed 100% by Saugatuck Invest, combining a subscription undertaking for about 24.5% with a guarantee for about 75.5%.
  • The board proposes the rights issue, the capital reduction, and related articles-of-association amendments for shareholder approval at the meeting.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InCoax Networks AB published the original content used to generate this news brief via Cision (Ref. ID: 202610131315BITN____UKPR__SV_20261013-BIT-3003-0) on October 13, 2026, and is solely responsible for the information contained therein.