Ramlosa Shipping has completed an equity raise of SEK 27m ($2.6m) ahead of its listing in Stockholm.
The Swedish company will gain about 600 new shareholders.
Ramlosa founder and chief executive Stefan Norrsell said: “We are happy that so many shareholders have subscribed for shares in Ramlosa Shipping and we welcome all new shareholders.”
Investors subscribed for 884,955 shares priced at SEK 30.51 a piece.
The net proceeds are about SEK 24m after costs of SEK 3.1m.
“The acquired capital will be used for continued ship investments,” Norrsell added.
Ramlosa has applied for listing on Nasdaq First North Growth in Stockholm.
The date for the first day of trading will be announced later and the beginning of trading is conditional on an approved application.
The company’s value before the equity raise was about SEK 80m.
Helsingborg-based Ramlosa was founded in 2022.
It invests in international shipping by holding part ownership in selected vessels.
Ramlosa has invested a total of $6.9m in the 8,556-cbm LPG carrier Leonardo B (built 2003), the 37,596-dwt chemical tanker Chemtrans Mobile (built 2016) and the 925-teu feeder container ship Perseus (built 2008).
Skills Corporate Finance and Advokatfirman Lindahl are financial and legal advisers to Ramlosa in connection with the issue. Bergs Securities acts as the issuing institution.
