White Pearl Technology outlines acquisition funding plan, aims to avoid issuing shares after SEK 6 million directed issue
- White Pearl Technology Group set a policy to fund new acquisitions without issuing shares where practicable, prioritizing Aixia integration.
- Cash, bank financing, seller financing, and performance-linked payments will be preferred; share consideration flagged as a last resort.
- Management addressed shareholder concerns over an August directed share issue of about SEK 6 million, described as a cash subscription.
- The cash raise was positioned as separate from the GVO deal’s share-based consideration, including a performance-linked component.
- Future deals will be assessed for returns, cash generation, integration demands, and dilution; avoiding equity will not justify excess leverage.
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