In order to pursue the Company’s strategy and execute the current business plan, the Annual General Meeting of the company resolved on 20 April 2017 to issue new Series B shares with preferential rights for existing shareholders.On April 20, 2017, the Annual General Meeting decided on a rights issue of 100 million SEK aimed at increasing the investment in large-scale energy storage – EnerStore – and ensuring the company’s future financing needs. The rights issue is 100 % guaranteed through subscriptions from main shareholders and a guarantee consortium. The prospectus shows that SaltX Technology’s total market potential is estimated at 160 billion SEK per year, of which the EnerStore application amounts to 100 billion SEK.
Download and read here (text in Swedish). Download and read the english version here. Download and read here (text in Swedish) To subscribe electronically, klick here (text in Swedish)