Follow
Brighter AB
Nasdaq First North Sweden (Sweden)
Brighter AB develops technical and digital medical devices with a primary area of application in the treatment of diabetes. The company's Actiste products is a mobile-connected solution that can measure blood glucose, inject insulin, log treatment values, and share data over-the-air - all from the same device. Its Benefit Loop product is a cloud-based platform that links the physical collection of daily treatment data on the user's terms.
Sector:
HEALTH CARE
>
Medical Devices
Exercise
Price
4.00 SEK
Exercise period(s)
29 May 2017 - 25 Oct 2019
11 Oct - 25 Nov 2019
04 Nov 2019 - 24 Apr 2020
Instruments & Events
The shares and options available for this company. Including past events like IPOs, direct listings and exercise periods.
Type
Ticker
ISIN
Market
SHARE
BRIG
SE0004019545
Nasdaq First North Sweden
Sweden (SE)
Details of share in Brighter AB with ticker BRIG
Status
Active
Order book id
Amount of instruments
91 143 123
Par value
Market cap
Currency
SEK
Segment
First North
First trading date
03 Feb 2012
Terms
Type
Price
Pre-money valuation
Time
IPO
3.20 SEK
32M SEK
15 Aug - 26 Sep 2011
IPO in Brighter AB
Market
Spotlight
Subscription period
15 Aug - 26 Sep 2011
Subscription price
Price per share
3.20 SEK
Target to raise
8 500 000 SEK
Types
Pre-money valuation
32 000 000 SEK
Subscription block size
Minimum subscription
1 000
Record date
Offer status
Closed
Listing status
Listed
First trading date
03 Feb 2012
Issue terms
Without preferential rights.
Type
Price
Pre-money valuation
Time
New issue
3.20 SEK
36M SEK
05 Dec - 19 Dec 2012
Share issue in Brighter AB
Market
Spotlight
Subscription period
05 Dec - 19 Dec 2012
Subscription price
Price per share
3.20 SEK
Target to raise
2 120 000 SEK
Types
Share issue
Pre-money valuation
36 000 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Preference right 1:17. For each existing share one (1) subscription right is obtained. Holding of seventeen (17) subscription rights entitles the holder to subscribe for one (1) new share.
Type
Price
Pre-money valuation
Time
New issue
7.00 SEK
83.3M SEK
23 Jan - 23 Jan 2014
Share issue in Brighter AB
Market
Spotlight
Subscription period
23 Jan - 23 Jan 2014
Subscription price
Price per share
7.00 SEK
Target to raise
25 000 000 SEK
Types
Share issue
Pre-money valuation
83 300 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted to a group of selected investors.
Type
Price
Pre-money valuation
Time
New issue
7.00 SEK
07 Feb - 21 Feb 2014
Share issue in Brighter AB
Market
Spotlight
Subscription period
07 Feb - 21 Feb 2014
Subscription price
Price per share
7.00 SEK
Target to raise
10 400 000 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Pre-emption 1:8. For each existing share, one subscription right is received. 8 subscription rights entitle to subscribe for 1 new share.
Type
Price
Pre-money valuation
Time
Market move
-
-
14 Mar 2014
Listing of Brighter AB on Nasdaq First North Sweden
Move from
Spotlight
Move to
Nasdaq First North Sweden
Status
Listed
Comments for listing & related information
Brighter AB changed it's listing from Spotlight (previously AktieTorget) to Nasdaq First North Sweden. The first trading day for the instrument(s) on Nasdaq First North Sweden was the 14th of March 2014.
Type
Price
Pre-money valuation
Time
New issue
1.20 SEK
20.4M SEK
17 Apr - 04 May 2015
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
17 Apr - 04 May 2015
Subscription price
4.80 SEK
Price per share
1.20 SEK
Target to raise
16 300 000 SEK
Types
Share issue
Pre-money valuation
20 400 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Pre-emption 4:5. Five shares entitle the holder to subscribe for one unit, consisting of four shares and one warrant.
Type
Price
Pre-money valuation
Time
New issue
2.33 SEK
96.4M SEK
27 Apr - 27 Apr 2016
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
27 Apr - 27 Apr 2016
Subscription price
Price per share
2.33 SEK
Target to raise
10 500 000 SEK
Types
Share issue
Pre-money valuation
96 400 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted to a consortium of private investors led by Capensor Capital.
Type
Price
Pre-money valuation
Time
New issue
6.00 SEK
300.9M SEK
11 Oct - 11 Oct 2016
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
11 Oct - 11 Oct 2016
Subscription price
Price per share
6.00 SEK
Target to raise
11 200 000 SEK
Types
Share issue
Pre-money valuation
300 900 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Type
Price
Pre-money valuation
Time
New issue
8.31 SEK
24 Mar - 24 Mar 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
24 Mar - 24 Mar 2019
Subscription price
Price per share
8.31 SEK
Target to raise
10 000 000 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted to Knight Capital Limited. For the first issue of shares, the share price shall be determined by VWAP in the Brighter share ("BRIG") during the period 1-21 March with an 8% discount. Payment for the issues shall be made within 3 working days from the determination of the share price according to the above conditions.
Type
Price
Pre-money valuation
Time
New issue
8.31 SEK
25 Mar - 25 Mar 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
25 Mar - 25 Mar 2019
Subscription price
8.31 SEK
Price per share
8.31 SEK
Target to raise
9 999 996 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Directed to Knight Capital Limited.
Type
Price
Pre-money valuation
Time
New issue
7.86 SEK
04 Apr - 04 Apr 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
04 Apr - 04 Apr 2019
Subscription price
Price per share
7.86 SEK
Target to raise
10 000 000 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted to Knight Capital Limited. The share price for this additional issue shall be determined by VWAP in the Brighter share ("BRIG") during the period 21 March - 1 April with an 8% discount. Payment for the issues shall be made within 3 working days from the determination of the share price according to the above conditions.
Type
Price
Pre-money valuation
Time
New issue
7.86 SEK
08 Apr - 08 Apr 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
08 Apr - 08 Apr 2019
Subscription price
7.86 SEK
Price per share
7.86 SEK
Target to raise
9 999 995 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Directed to Knight Capital Limited.
Type
Price
Pre-money valuation
Time
New issue
8.82 SEK
703.6M SEK
24 Jun 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
24 Jun 2019
Subscription price
8.82 SEK
Price per share
8.82 SEK
Target to raise
24 300 000 SEK
Types
Share issue
Pre-money valuation
703 600 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted to lenders. SEK 4.7 million through set-off of loans. SEK 19.7 million through cash payment (to be used to pay off loans).
Type
Price
Pre-money valuation
Time
New issue
8.92 SEK
747.7M SEK
10 Jul 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
10 Jul 2019
Subscription price
Price per share
8.92 SEK
Target to raise
10 818 827 SEK
Types
Share issue
Pre-money valuation
747 702 676 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Directed to lenders to pay off loans.
Type
Price
Pre-money valuation
Time
New issue
10.13 SEK
874.6M SEK
05 Sep 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
05 Sep 2019
Subscription price
10.13 SEK
Price per share
10.13 SEK
Target to raise
35 400 000 SEK
Types
Share issue
Pre-money valuation
874 600 000 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Directed issue.
Comments for offer & related information
Type
Ticker
ISIN
Market
OPTION
BRIG TO3
SE0009947633
Nasdaq First North Sweden
Sweden (SE)
Details of option in Brighter AB with ticker BRIG TO3
Status
Active
Order book id
Amount of instruments
5 312 501
Market cap
Currency
SEK
Segment
First North
First trading date
29 May 2017
Terms
Update: The exercise price has been changed from 5.12 SEK to 4 SEK.

Holding of one (1) warrants of series TO3 entitle the holder to subscribe for one (1) new share at a price of 5.12 SEK.

The exercise of Warrants below an aggregated amount of SEK 500,000 may take place on six occasions during the two-week period preceding the day of 6, 12, 18, 24, 30 and 36 months after date on which the issue 4 resolution is registered at the Swedish Companies Registration Office.

Holders of warrants series TO3 2017/2020 for a total value of SEK 500,000 or more may always exercise the warrants for subscription of shares.
Type
Price
Pre-money valuation
Time
Exercise
4.00 SEK
-
29 May 2017 - 25 Oct 2019
11 Oct - 25 Nov 2019
04 Nov 2019 - 24 Apr 2020
Option exercise terms for BRIG TO3
Market
Nasdaq First North Sweden
Exercise period(s)
29 May 2017 - 25 Oct 2019
11 Oct - 25 Nov 2019
04 Nov 2019 - 24 Apr 2020
Exercise price
4.00 SEK
Status
Active
Issue terms
Update: The exercise price has been changed from 5.12 SEK to 4 SEK.

Holding of one (1) warrants of series TO3 entitle the holder to subscribe for one (1) new share at a price of 5.12 SEK.

The exercise of Warrants below an aggregated amount of SEK 500,000 may take place on six occasions during the two-week period preceding the day of 6, 12, 18, 24, 30 and 36 months after date on which the issue 4 resolution is registered at the Swedish Companies Registration Office.

Holders of warrants series TO3 2017/2020 for a total value of SEK 500,000 or more may always exercise the warrants for subscription of shares.
Type
Ticker
ISIN
Market
OPTION
BRIG TO4
SE0010442004
Nasdaq First North Sweden
Sweden (SE)
Details of option in Brighter AB with ticker BRIG TO4
Status
Active
Order book id
Amount of instruments
14 487 539
Market cap
Currency
SEK
Segment
First North
First trading date
13 Oct 2017
Terms
February 22 – 8 March 2019 is exercise period of Brighter Warrants TO4 during which holders of Warrants can subscribe for shares. One (1) TO4 can be exchanged for one (1) share during the period, at a price of SEK 6.01.

In total Brighter would receive approximately SEK 77 million if all Warrants of series TO4 were to be exercised, minimizing Brighter's need for external financing and accelerating future growth.
Type
Price
Pre-money valuation
Time
Exercise
6.01 SEK
-
22 Feb - 08 Mar 2019
25 Aug - 08 Sep 2019
22 Feb - 08 Mar 2020
Option exercise terms for BRIG TO4
Market
Nasdaq First North Sweden
Exercise period(s)
22 Feb - 08 Mar 2019
25 Aug - 08 Sep 2019
22 Feb - 08 Mar 2020
Exercise price
6.01 SEK
Status
Upcoming
Issue terms
February 22 – 8 March 2019 is exercise period of Brighter Warrants TO4 during which holders of Warrants can subscribe for shares. One (1) TO4 can be exchanged for one (1) share during the period, at a price of SEK 6.01.

In total Brighter would receive approximately SEK 77 million if all Warrants of series TO4 were to be exercised, minimizing Brighter's need for external financing and accelerating future growth.
Type
Ticker
ISIN
Market
OPTION
BRIG TO5
SE0012740355
Nasdaq First North Sweden
Sweden (SE)
Details of option in Brighter AB with ticker BRIG TO5
Status
Active
Order book id
Amount of instruments
22 000 000
Market cap
Currency
SEK
Segment
First North
Terms
Brighter issues free TO5 to existing shareholders. Shareholders will receive one (1) warrant for 33 existing shares. The redemption price for BRIG TO5 has been set at SEK 10.56.
People
Number of Employees
25 people
Truls Jonas Ulfstand Sjöstedt
CEO
Barbro Fridén
Chairman of the board
Afsaneh Ghatan Bauer
Board member
Lars Flening
Board member
Sara Murby Forste
Board member
Barbro Fridén
Board member
Jan Stålemark
Board member
Catarina Ihre
Board member
Company Details
Sector
HEALTH CARE

Address
Norgegatan 2
Zip code
164 32
City/district
Kista
Country
Sweden (SE)
Registration number
556736-8591
LEI code
5299001CH8K0RXSYV047
First trade date
03 Feb 2012
Registration date
31 Aug 2007
Short name
Brighter

We use cookies to make your experience using IPOhub better. By using our site you agree to our use of cookies. Learn More