Shares in Stockholm-listed online gaming operator Spiffbet were trading 16 per cent lower this morning after the company announced plans to issue new shares.
The proposed rights issue and parallel set-off aims to reduce corporate debt and provide financing to drive growth.
Spiffbet has borrowed a total of approximately SEK39.6 million from the company's main owners, A veces AB and Johan Styren, with this debt eligible for offset against newly issued shares.
An Emergency General Meeting of the [...]
