SolTech Energy Sweden Plans SEK99 Million Equity Raise, Secures Up to SEK50 Million Bridge Loan

02:25 AM EDT, 08/27/2026 (MT Newswires) -- SolTech Energy Sweden (SOLT.ST) intends to raise 99 million kronor through a fully guaranteed rights issue of up to 1,984,190,890 shares at a subscription price of 0.05 kronor each. The subscription period will run from Oct. 5 to Oct. 19, with shareholders to receive three subscription rights for each existing share held. Two subscription rights entitle holders to subscribe for one new share, the Solar energy group said Thursday. The rights issue is subject to shareholder approval at an extraordinary general meeting scheduled for Sept. 29. Additionally, SolTech entered a bridge loan financing agreement worth up to 50 million kronor with Artim Balance. The company will receive the amount in tranches of 5 million kronor each, carrying an annual interest rate of 6%. Artim Balance is also eligible to receive an arrangement fee of 250,000 kronor.