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Summa Defence issues 1,102,901 shares at EUR 0.91 in private placement to Nordic Yards sellers

PUBT·09/03/2026 15:46:16
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Summa Defence issues 1,102,901 shares at EUR 0.91 in private placement to Nordic Yards sellers
  • Summa Defence launched a private placement of 1,102,901 new shares to Nordic Yards sellers to settle the 2025 earn-out.
  • Issue price set at EUR 0.91 a share, based on a 30-day volume-weighted average price ending May 29, 2026.
  • New shares represent about 2.41% of shares outstanding pre-issue, 2.36% post-issue; total shares to reach 46,784,565.
  • Registration expected Sept. 7, 2026; trading on Nasdaq First North Finland targeted to start around Sept. 9, subject to approval.
  • Sellers accepted a lock-up barring transfers from Aug. 27 through Oct. 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meriaura Group Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 202609031145BITN____UKPR__FI_20260903-BIT-6167-0) on September 03, 2026, and is solely responsible for the information contained therein.