MOBA Network secures subscription, voting commitments for SEK 11.3 million directed share issue
- MOBA Network received binding subscription undertakings for an up to SEK 11.3 million directed share issue ahead of a Sept. 30 EGM vote.
- All proposed subscribers committed to take their maximum allocations in the directed issue, implying full coverage of the placement.
- Subscribers also agreed to vote in favor of both the directed issue and a related board issue authorization.
- Commitments stay in force for any future proposal on materially similar terms if the EGM does not adopt the plan.
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