SEK 47.7 million Pre-IPO financing in Advanced Soltech Sweden AB successfully completed

Press release -

SEK 47.7 million Pre-IPO financing in Advanced Soltech Sweden AB successfully completed

There has been great interest in taking advantage of Advanced Soltech's offer to subscribe for newly issued preference shares. In total, the subscription is for SEK 47.7 million.

The new share issue secures the company's commitments for closed contracts and enables a continued offensive expansion strategy without interruption.

The terms of the issue of preference shares have been set up with a forthcoming listing in mind. JOOL Corporate Finance AB has acted as the Company's Corporate Finance advisor in the transaction. SIP Nordic Fondkommission AB has been the organizer and Roschier Advokatbyrå AB legal advisor.

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About JOOL

The JOOL Group is a family-owned corporate group, rooted in Swedish industrial tradition. Our passion is entrepreneurship - both our own and that of others. We match companies in need of growth funding with financially strong investors and institutions. Specializing in debt financing and fixed income investments, JOOL has emerged as market leader in SEK 30-200 M Nordic corporate bonds.

www.joolgroup.com

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