MapsPeople: Announces the result of its rights issue and raises DKK 28.3m in new capital

Today, MapsPeople announced the result of its rights issue. In total, the company raises DKK 28.3m in gross proceeds, implying that 10,093,425 new shares will be issued at a subscription price of DKK 2.80 per 1 new share.
Pre-emptive rights and binding orders have been exercised for a total of 30.57% of the rights issue, and the guaranteed commitments from guarantors have subscribed for the remaining 69.43% of the rights issue.
With this capital raise and cost savings, MapsPeople has a full focus on profitable growth, both growing ARR at high growth rates and reaching break-even.
Read the full announcement and details here: https://view.news.eu.nasdaq.com/view?id=b14e345d06bdf8ffeec5fb04779799d3f&lang=en&src=listed
HC Andersen Capital receives payment from MapsPeople for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 16:10, 23 June 2023.