Aira, AI Revenue Assistant Software Stockholm, intends to carry out a directed share issue of approximately SEK 22 million to Swedish and international institutional investors.
The capital will primarily be used to accelerate the commercialisation of Aira for Fortnox through customer acquisition, product development and expanded distribution channels, as well as to strengthen working capital.
The company’s largest shareholder and CEO Daniel Wikberg intends to subscribe for shares worth approximately SEK 7.5 million through a separate issue that requires approval at an extraordinary general meeting.
The subscription price and number of shares will be determined through an accelerated bookbuilding process. Pricing and allocation are expected to take place before the market opens on 21 October.
Upon completion of the issue, Aira undertakes not to issue new shares for 180 days from the settlement date of the second issue tranche. Wikberg, board member Baltsar Sahlin and senior executive Ninnie Karlsson are subject to 90-day lock-up periods.
