Modelon: Strong capital raise at substantial premium – Base case supported - Redeye

Redeye comments on Modelons’ proposed directed share issue of SEK20m at SEK20 per share, representing an 84% premium, and simultaneously released Q2 ARR of SEK55.5m. We view the directed share issue as offensive and strong signal of confidence in Modelon’s long-term outlook. Notably, the issue price is in line with our fair value Base Case of SEK21, reinforcing our conviction in the company’s intrinsic value.

Länk till analysen i sin helhet: https://www.redeye.se/research/1117225/modelon-strong-capital-raise-at-substantial-premium-base-case-supported?utm_source=finwire&utm_medium=RSS