Waga Energy successfully raises €52 million in an accelerated bookbuild offering
The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.
- The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.
- Gross proceeds from the Offering amount to €52 million, and net proceeds amount to approximately €50.2 million.
- 3,939,394 New Shares will be issued, representing c. 19.2% of the Company’s existing share capital before Offering.
- By way of illustration, a shareholder holding 1% of the share capital prior to the Offering and which did not participate in the Offering will hold 0.8% after completion of the Offering.