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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
Media
Exercise
Price
6.40 SEK
Exercise period(s)
21 Nov - 12 Dec 2019
22 May - 05 Jun 2020
20 Nov - 04 Dec 2020
21 May - 04 Jun 2021
22 Nov - 06 Dec 2021
23 May - 06 Jun 2022
21 Nov - 05 Dec 2022
23 May - 05 Jun 2023
Instruments & Events
The shares and options available for this company. Including past events like IPOs, direct listings and exercise periods.
Show archived
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
199 036 580
Par value
Market cap
Currency
SEK
Segment
First North
First trading date
03 Feb 2012
Terms
Type
Price
Pre-money valuation
Time
Files
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
3.20 SEK
Price per share
3.20 SEK
Target to raise
8 500 000 SEK
Types
Share issue
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
Open to the public.
Comments for offer & related information
The company issues 2 656 000 shares.
Comments for listing & related information
The first day of trading of Brighter on Aktietorget is February 3, 2012.
Result of offer
Brighter IPO subscription ratio was 50 percent.
Type
Price
Pre-money valuation
Time
Files
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
3.20 SEK
Price per share
3.20 SEK
Target to raise
2 115 107 SEK
Types
Share issue
Pre-money valuation
36 000 000 SEK
Subscription block size
Minimum subscription
Record date
30 Nov 2012
Offer status
Closed
Listing status
Listed
Issue terms
Rights issue. 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.
Comments for offer & related information
The company issues 660 971 shares. Through agreements with the Board and the CEO, Brighter has received a guarantee subscription of SEK 500,000, i.e. close to 25 percent.
Result of offer
Rights issue was subscribed to 113 percent.
Type
Price
Pre-money valuation
Time
Files
New issue
7.00 SEK
83.3M SEK
23 Jan 2014
Share issue in Brighter AB
Market
Spotlight
Subscription date
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 issue to a group of selected investors.
Comments for offer & related information
The company issues 3 571 428 shares in this Targeted issue. Parallelly Brighter makes also a Rights issue.
Type
Price
Pre-money valuation
Time
Files
New issue
7.00 SEK
108.3M SEK
07 Feb - 21 Feb 2014
Share issue in Brighter AB
Market
Spotlight
Subscription period
07 Feb - 21 Feb 2014
Subscription price
7.00 SEK
Price per share
7.00 SEK
Target to raise
10 410 295 SEK
Types
Share issue
Pre-money valuation
108 300 000 SEK
Subscription block size
Minimum subscription
Record date
04 Feb 2014
Offer status
Closed
Listing status
Listed
Issue terms
Rights issue. Pre-emption 1:8. For each existing share, one (1) subscription right is received. Eight (8) subscription rights entitle to subscribe for one (1) new share the Company.
Comments for offer & related information
The company issues 1 487 185 shares in this Rights issue.
Result of offer
Brighter`s Rights issue heavily oversubscribed.
Type
Price
Pre-money valuation
Time
Files
Market move
5.70 SEK
88.2M SEK
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.
Documents
Type
Price
Pre-money valuation
Time
Files
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
14 Apr 2015
Offer status
Closed
Listing status
Listed
Issue terms
Rights issue. Pre-emption 4:5. Five (5) shares entitle the holder to subscribe for one (1) unit, consisting of four (4) shares and one (1) warrant.
Comments for offer & related information
Each warrant entitle the holder to subscribe for a new share in the company at a subscription price corresponding to 70 percent of the volume weighted average price calculated as an average of the daily price quoted for the share of the company on Nasdaq Stockholm First North's official price list during 20 trading days beginning on the day of the company publishes its interim report January - September 2015, or, if the company has not published such interim report, on December 23, 2015 (the "Calculation Period"), however, a minimum of SEK 1.2 and a maximum of SEK 3. Subscription of shares with exercise of warrants shall take place during a period of three (3) calendar weeks, beginning one (1) week after the end of the Calculation Period, but no later than February 2, 2016.
In terms of great interest an over-allotment issue in SEK 3 millions can be used. The rights issue is secured at 80 per cent through subscription links from management, the board and existing owners as well as issue guarantees.
Result of offer
Type
Price
Pre-money valuation
Time
Files
Exercise
3.00 SEK
05 Jan - 26 Jan 2016
Option exercise terms for BRIG TO1
Market
Nasdaq First North Sweden
Exercise period(s)
05 Jan - 26 Jan 2016
Exercise price range
1.20-3.00 SEK
Exercise final price
3.00 SEK
Status
Closed
Issue terms
One (1) warrant TO1 entitles to subscribe for one (1) new share the Company.
Type
Price
Pre-money valuation
Time
Files
Exercise
3.00 SEK
05 Jan - 26 Jan 2016
Option exercise terms for BRIG TO2
Market
Nasdaq First North Sweden
Exercise period(s)
05 Jan - 26 Jan 2016
Exercise price range
1.20-3.00 SEK
Exercise final price
3.00 SEK
Status
Closed
Issue terms
One (1) warrant TO1 entitles to subscribe for one (1) new share the Company.
Type
Price
Pre-money valuation
Time
Files
New issue
2.33 SEK
96.4M SEK
27 Apr 2016
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
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 issue to a consortium of private investors led by Capensor Capital.
Comments for offer & related information
The company issues 4 556 418 shares. At the same time as this issue, the company has also raised a loan of SEK 10.5 million. The loan of SEK 10.5 million has been granted by the same consortium that participated in the private placement. The loan is for one year and runs at an annual interest rate of 10 percent. The subscription price has been determined to SEK 2.33 per share through a bookbuilding process, which represents a discount of 15 percent on the last ten trading days’ volume weighted price.
Type
Price
Pre-money valuation
Time
Files
New issue
6.00 SEK
300.9M SEK
11 Oct 2016
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
11 Oct 2016
Subscription price
Price per share
6.00 SEK
Target to raise
11 172 888 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
Targeted issue to consortium of private investors.
Comments for offer & related information
The company issues 1 862 148 shares. The subscription price has been set at SEK 6.00 per share through a bookbuilding process, which corresponds to a discount of 11 percent against ten trading days volume-weighted price between September 23 to October 6, 2016.
Type
Price
Pre-money valuation
Time
Files
Exercise
2.00 SEK
11 Oct - 25 Oct 2017
11 Apr - 25 Apr 2018
11 Oct - 25 Oct 2018
04 Apr - 25 Apr 2019
11 Oct - 25 Oct 2019
10 Apr - 24 Apr 2020
Option exercise terms for BRIG TO3
Market
Nasdaq First North Sweden
Exercise period(s)
11 Oct - 25 Oct 2017
11 Apr - 25 Apr 2018
11 Oct - 25 Oct 2018
04 Apr - 25 Apr 2019
11 Oct - 25 Oct 2019
10 Apr - 24 Apr 2020
Exercise price
2.00 SEK
Status
Closed
Issue terms
Trading in warrants series TO3 2017/2020 commences on May 29, 2017.
Update (11.10.2017): 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.
Update (20.11.2019): According to the terms for warrants in the TO3 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, 1 warrant in the TO3 series will still give the right to subscribe for 1 new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 subscription option in series TO3 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 4 per share.
Result of offer
Brighter receives SEK 9,2 million through exercise of warrants.
Type
Price
Pre-money valuation
Time
Files
New issue
03 Sep 2018
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
03 Sep 2018
Subscription price
Price per share
Target to raise
29 369 024 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Brighter's management and key personnel incentive program.
Comments for offer & related information
Type
Price
Pre-money valuation
Time
Files
New issue
8.31 SEK
623.3M SEK
24 Mar 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
24 Mar 2019
Subscription price
Price per share
8.31 SEK
Target to raise
10 000 000 SEK
Types
Share issue
Pre-money valuation
623 303 550 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Knight Capital Limited has signed for new shares in Brighter AB for SEK 10 million with Brighter having a call option for an additional SEK 10 million. 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.
Comments for offer & related information
The company issues 1 203 369 shares.
Result of offer
Brighter receives 10 MSEK from directed share issue.
Type
Price
Pre-money valuation
Time
Files
New issue
7.86 SEK
600M SEK
04 Apr 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
04 Apr 2019
Subscription price
Price per share
7.86 SEK
Target to raise
10 000 000 SEK
Types
Share issue
Pre-money valuation
600 000 000 SEK
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.
Comments for offer & related information
The company issues 1 272 264 shares. The share price was set by VWAP in the Brighter share during the period March 28 – April 8 2019 with an 8 % discount. Before this Directed issue, a similar issue was made.
Result of offer
Brighter receives 10 MSEK from directed share issue.
Type
Price
Pre-money valuation
Time
Files
New issue
8.82 SEK
703.64M SEK
24 Jun 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
24 Jun 2019
Subscription price
Price per share
8.82 SEK
Target to raise
24 300 000 SEK
Types
Share issue
Pre-money valuation
703 637 850 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted issue 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).
Comments for offer & related information
The company issues 2 760 276 shares. The share price has been determined with10% discount on the VWAP during the last 15 (fifteen) trading days.
Type
Price
Pre-money valuation
Time
Files
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 issue to lenders to pay off loans.
Comments for offer & related information
The company issues 1 212 873 shares. The share price has been determined with10% discount on the VWAP during the last 15 (fifteen) trading days.
Type
Price
Pre-money valuation
Time
Files
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
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
Targeted issue.
Comments for offer & related information
The company issues 3 494 355 shares. The subscription price is set at SEK 10.13. This is considered reasonable as it corresponds to approximately a 10% discount on the share price on September 3, 2019.
Type
Price
Pre-money valuation
Time
Files
New issue
7.30 SEK
681.8M SEK
22 Nov 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
22 Nov 2019
Subscription price
Price per share
7.30 SEK
Target to raise
19 200 000 SEK
Types
Share issue
Pre-money valuation
681 801 626 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Directed issue to management and key personnel.
Comments for offer & related information
The company issues 2 629 430 shares. The subscription price corresponds to the recalculated strike price according to the terms of the warrants in Program 2016/19 Series I and Program 2016/19 Series II.
Type
Price
Pre-money valuation
Time
Files
New issue
2.00 SEK
192.22M SEK
13 Dec 2019 - 10 Jan 2020
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
13 Dec 2019 - 10 Jan 2020
Subscription price
2.00 SEK
Price per share
2.00 SEK
Target to raise
192 222 408 SEK
Types
Share issue
Pre-money valuation
192 222 408 SEK
Subscription block size
Minimum subscription
Record date
12 Dec 2019
Offer status
Closed
Listing status
Listed
Issue terms
One (1) existing share on the record date gives the holder one (1) unit right. One (1) unit right entitle the holder to subscribe for one (1) new share in the Company.
Comments for offer & related information
The company issues 96 111 204 shares. The issue is not covered by any issue guarantees.
Result of offer
The subscription rate amounts to 99.54 percent.
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
144755
Amount of instruments
14 487 539
Market cap
Currency
SEK
Segment
First North
Trading period
13 Oct 2017 - 04 Sep 2020
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.
Update (20.11.2019): According to the terms for warrants in the TO4 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, one (1) warrant in the TO4 series will still give the right to subscribe for one (1) new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 warrant in series TO4 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 6.01 per share.
Type
Price
Pre-money valuation
Time
Files
Exercise
2.00 SEK
22 Feb - 08 Mar 2018
25 Aug - 08 Sep 2018
22 Feb - 08 Mar 2019
25 Aug - 08 Sep 2019
22 Feb - 08 Mar 2020
25 Aug - 08 Sep 2020
Option exercise terms for BRIG TO4
Market
Nasdaq First North Sweden
Exercise period(s)
22 Feb - 08 Mar 2018
25 Aug - 08 Sep 2018
22 Feb - 08 Mar 2019
25 Aug - 08 Sep 2019
22 Feb - 08 Mar 2020
25 Aug - 08 Sep 2020
Exercise price
2.00 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.
Update (20.11.2019): According to the terms for warrants in the TO4 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, one (1) warrant in the TO4 series will still give the right to subscribe for one (1) new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 warrant in series TO4 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 6.01 per share.
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
175884
Amount of instruments
22 000 000
Market cap
Currency
SEK
Segment
First North
Trading period
28 Jun 2019 - 01 Jun 2023
Terms
One (1) warrant entitles the holder to subscribe one (1) share in the Company. The exercise price for BRIG TO5 has been set to 10.56 SEK. The exercise price corresponds to 115 percent of the lowest volume-weighted average price of the Brighter share over the fifteen (15) Business Days immediately preceding the date of the agreement with Winance on May 28th 2019.
Update (20.11.2019): The subscription price in the TO5 series is, after recalculation, SEK 6.40 per share. Prior to the recalculation, the subscription price was SEK 10.56 per share. The number of Brighter shares that each warrant in the TO5 series entitles subscription for after the recalculation, is 1.65. Prior to the recalculation, one (1) warrant entitled subscription of one (1) share.
Update (15.01.2020): Recalculation of warrants in series TO5.
Type
Price
Pre-money valuation
Time
Files
Exercise
6.40 SEK
21 Nov - 12 Dec 2019
22 May - 05 Jun 2020
20 Nov - 04 Dec 2020
21 May - 04 Jun 2021
22 Nov - 06 Dec 2021
23 May - 06 Jun 2022
21 Nov - 05 Dec 2022
23 May - 05 Jun 2023
Option exercise terms for BRIG TO5
Market
Nasdaq First North Sweden
Exercise period(s)
21 Nov - 12 Dec 2019
22 May - 05 Jun 2020
20 Nov - 04 Dec 2020
21 May - 04 Jun 2021
22 Nov - 06 Dec 2021
23 May - 06 Jun 2022
21 Nov - 05 Dec 2022
23 May - 05 Jun 2023
Exercise price
6.40 SEK
Status
Active
Issue terms
One (1) warrant entitles the holder to subscribe one (1) share in the Company. The exercise price for BRIG TO5 has been set to 10.56 SEK. The exercise price corresponds to 115 percent of the lowest volume-weighted average price of the Brighter share over the fifteen (15) Business Days immediately preceding the date of the agreement with Winance on May 28th 2019.
Update (20.11.2019): The subscription price in the TO5 series is, after recalculation, SEK 6.40 per share. Prior to the recalculation, the subscription price was SEK 10.56 per share. The number of Brighter shares that each warrant in the TO5 series entitles subscription for after the recalculation, is 1.65. Prior to the recalculation, one (1) warrant entitled subscription of one (1) share.
Update (15.01.2020): Recalculation of warrants in series TO5.
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
199 036 580
Par value
Market cap
Currency
SEK
Segment
First North
First trading date
03 Feb 2012
Terms
Type
Price
Pre-money valuation
Time
Files
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
3.20 SEK
Price per share
3.20 SEK
Target to raise
8 500 000 SEK
Types
Share issue
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
Open to the public.
Comments for offer & related information
The company issues 2 656 000 shares.
Comments for listing & related information
The first day of trading of Brighter on Aktietorget is February 3, 2012.
Result of offer
Brighter IPO subscription ratio was 50 percent.
Type
Price
Pre-money valuation
Time
Files
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
3.20 SEK
Price per share
3.20 SEK
Target to raise
2 115 107 SEK
Types
Share issue
Pre-money valuation
36 000 000 SEK
Subscription block size
Minimum subscription
Record date
30 Nov 2012
Offer status
Closed
Listing status
Listed
Issue terms
Rights issue. 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.
Comments for offer & related information
The company issues 660 971 shares. Through agreements with the Board and the CEO, Brighter has received a guarantee subscription of SEK 500,000, i.e. close to 25 percent.
Result of offer
Rights issue was subscribed to 113 percent.
Type
Price
Pre-money valuation
Time
Files
New issue
7.00 SEK
83.3M SEK
23 Jan 2014
Share issue in Brighter AB
Market
Spotlight
Subscription date
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 issue to a group of selected investors.
Comments for offer & related information
The company issues 3 571 428 shares in this Targeted issue. Parallelly Brighter makes also a Rights issue.
Type
Price
Pre-money valuation
Time
Files
New issue
7.00 SEK
108.3M SEK
07 Feb - 21 Feb 2014
Share issue in Brighter AB
Market
Spotlight
Subscription period
07 Feb - 21 Feb 2014
Subscription price
7.00 SEK
Price per share
7.00 SEK
Target to raise
10 410 295 SEK
Types
Share issue
Pre-money valuation
108 300 000 SEK
Subscription block size
Minimum subscription
Record date
04 Feb 2014
Offer status
Closed
Listing status
Listed
Issue terms
Rights issue. Pre-emption 1:8. For each existing share, one (1) subscription right is received. Eight (8) subscription rights entitle to subscribe for one (1) new share the Company.
Comments for offer & related information
The company issues 1 487 185 shares in this Rights issue.
Result of offer
Brighter`s Rights issue heavily oversubscribed.
Type
Price
Pre-money valuation
Time
Files
Market move
5.70 SEK
88.2M SEK
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.
Documents
Type
Price
Pre-money valuation
Time
Files
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
14 Apr 2015
Offer status
Closed
Listing status
Listed
Issue terms
Rights issue. Pre-emption 4:5. Five (5) shares entitle the holder to subscribe for one (1) unit, consisting of four (4) shares and one (1) warrant.
Comments for offer & related information
Each warrant entitle the holder to subscribe for a new share in the company at a subscription price corresponding to 70 percent of the volume weighted average price calculated as an average of the daily price quoted for the share of the company on Nasdaq Stockholm First North's official price list during 20 trading days beginning on the day of the company publishes its interim report January - September 2015, or, if the company has not published such interim report, on December 23, 2015 (the "Calculation Period"), however, a minimum of SEK 1.2 and a maximum of SEK 3. Subscription of shares with exercise of warrants shall take place during a period of three (3) calendar weeks, beginning one (1) week after the end of the Calculation Period, but no later than February 2, 2016.
In terms of great interest an over-allotment issue in SEK 3 millions can be used. The rights issue is secured at 80 per cent through subscription links from management, the board and existing owners as well as issue guarantees.
Result of offer
Type
Price
Pre-money valuation
Time
Files
New issue
2.33 SEK
96.4M SEK
27 Apr 2016
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
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 issue to a consortium of private investors led by Capensor Capital.
Comments for offer & related information
The company issues 4 556 418 shares. At the same time as this issue, the company has also raised a loan of SEK 10.5 million. The loan of SEK 10.5 million has been granted by the same consortium that participated in the private placement. The loan is for one year and runs at an annual interest rate of 10 percent. The subscription price has been determined to SEK 2.33 per share through a bookbuilding process, which represents a discount of 15 percent on the last ten trading days’ volume weighted price.
Type
Price
Pre-money valuation
Time
Files
New issue
6.00 SEK
300.9M SEK
11 Oct 2016
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
11 Oct 2016
Subscription price
Price per share
6.00 SEK
Target to raise
11 172 888 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
Targeted issue to consortium of private investors.
Comments for offer & related information
The company issues 1 862 148 shares. The subscription price has been set at SEK 6.00 per share through a bookbuilding process, which corresponds to a discount of 11 percent against ten trading days volume-weighted price between September 23 to October 6, 2016.
Type
Price
Pre-money valuation
Time
Files
New issue
03 Sep 2018
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
03 Sep 2018
Subscription price
Price per share
Target to raise
29 369 024 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Brighter's management and key personnel incentive program.
Comments for offer & related information
Type
Price
Pre-money valuation
Time
Files
New issue
8.31 SEK
623.3M SEK
24 Mar 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
24 Mar 2019
Subscription price
Price per share
8.31 SEK
Target to raise
10 000 000 SEK
Types
Share issue
Pre-money valuation
623 303 550 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Knight Capital Limited has signed for new shares in Brighter AB for SEK 10 million with Brighter having a call option for an additional SEK 10 million. 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.
Comments for offer & related information
The company issues 1 203 369 shares.
Result of offer
Brighter receives 10 MSEK from directed share issue.
Type
Price
Pre-money valuation
Time
Files
New issue
7.86 SEK
600M SEK
04 Apr 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
04 Apr 2019
Subscription price
Price per share
7.86 SEK
Target to raise
10 000 000 SEK
Types
Share issue
Pre-money valuation
600 000 000 SEK
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.
Comments for offer & related information
The company issues 1 272 264 shares. The share price was set by VWAP in the Brighter share during the period March 28 – April 8 2019 with an 8 % discount. Before this Directed issue, a similar issue was made.
Result of offer
Brighter receives 10 MSEK from directed share issue.
Type
Price
Pre-money valuation
Time
Files
New issue
8.82 SEK
703.64M SEK
24 Jun 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
24 Jun 2019
Subscription price
Price per share
8.82 SEK
Target to raise
24 300 000 SEK
Types
Share issue
Pre-money valuation
703 637 850 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Targeted issue 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).
Comments for offer & related information
The company issues 2 760 276 shares. The share price has been determined with10% discount on the VWAP during the last 15 (fifteen) trading days.
Type
Price
Pre-money valuation
Time
Files
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 issue to lenders to pay off loans.
Comments for offer & related information
The company issues 1 212 873 shares. The share price has been determined with10% discount on the VWAP during the last 15 (fifteen) trading days.
Type
Price
Pre-money valuation
Time
Files
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
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
Targeted issue.
Comments for offer & related information
The company issues 3 494 355 shares. The subscription price is set at SEK 10.13. This is considered reasonable as it corresponds to approximately a 10% discount on the share price on September 3, 2019.
Type
Price
Pre-money valuation
Time
Files
New issue
7.30 SEK
681.8M SEK
22 Nov 2019
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription date
22 Nov 2019
Subscription price
Price per share
7.30 SEK
Target to raise
19 200 000 SEK
Types
Share issue
Pre-money valuation
681 801 626 SEK
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Directed issue to management and key personnel.
Comments for offer & related information
The company issues 2 629 430 shares. The subscription price corresponds to the recalculated strike price according to the terms of the warrants in Program 2016/19 Series I and Program 2016/19 Series II.
Type
Price
Pre-money valuation
Time
Files
New issue
2.00 SEK
192.22M SEK
13 Dec 2019 - 10 Jan 2020
Share issue in Brighter AB
Market
Nasdaq First North Sweden
Subscription period
13 Dec 2019 - 10 Jan 2020
Subscription price
2.00 SEK
Price per share
2.00 SEK
Target to raise
192 222 408 SEK
Types
Share issue
Pre-money valuation
192 222 408 SEK
Subscription block size
Minimum subscription
Record date
12 Dec 2019
Offer status
Closed
Listing status
Listed
Issue terms
One (1) existing share on the record date gives the holder one (1) unit right. One (1) unit right entitle the holder to subscribe for one (1) new share in the Company.
Comments for offer & related information
The company issues 96 111 204 shares. The issue is not covered by any issue guarantees.
Result of offer
The subscription rate amounts to 99.54 percent.
Type
Ticker
ISIN
Market
OPTION
BRIG TO1
SE0007045232
Nasdaq First North Sweden
Sweden (SE)
Details of option in Brighter AB with ticker BRIG TO1
Status
Archived
Order book id
110090
Amount of instruments
Market cap
Currency
SEK
Trading period
08 Jun 2015 - 22 Jan 2016
Terms
One (1) warrant TO1 entitles to subscribe for one (1) new share the Company.
Type
Price
Pre-money valuation
Time
Files
Exercise
3.00 SEK
05 Jan - 26 Jan 2016
Option exercise terms for BRIG TO1
Market
Nasdaq First North Sweden
Exercise period(s)
05 Jan - 26 Jan 2016
Exercise price range
1.20-3.00 SEK
Exercise final price
3.00 SEK
Status
Closed
Issue terms
One (1) warrant TO1 entitles to subscribe for one (1) new share the Company.
Type
Ticker
ISIN
Market
OPTION
BRIG TO2
SE0007125893
Nasdaq First North Sweden
Sweden (SE)
Details of option in Brighter AB with ticker BRIG TO2
Status
Archived
Order book id
110092
Amount of instruments
Market cap
Currency
SEK
Trading period
08 Jun 2015 - 22 Jan 2016
Terms
One (1) warrant TO1 entitles to subscribe for one (1) new share the Company.
Type
Price
Pre-money valuation
Time
Files
Exercise
3.00 SEK
05 Jan - 26 Jan 2016
Option exercise terms for BRIG TO2
Market
Nasdaq First North Sweden
Exercise period(s)
05 Jan - 26 Jan 2016
Exercise price range
1.20-3.00 SEK
Exercise final price
3.00 SEK
Status
Closed
Issue terms
One (1) warrant TO1 entitles to subscribe for one (1) new share the Company.
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
Archived
Order book id
131869
Amount of instruments
5 312 501
Market cap
Currency
SEK
Segment
First North
Trading period
29 May 2017 - 22 Apr 2020
Terms
Trading in warrants series TO3 2017/2020 commences on May 29, 2017.
Update (11.10.2017): 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.
Update (20.11.2019): According to the terms for warrants in the TO3 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, 1 warrant in the TO3 series will still give the right to subscribe for 1 new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 subscription option in series TO3 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 4 per share.
Type
Price
Pre-money valuation
Time
Files
Exercise
2.00 SEK
11 Oct - 25 Oct 2017
11 Apr - 25 Apr 2018
11 Oct - 25 Oct 2018
04 Apr - 25 Apr 2019
11 Oct - 25 Oct 2019
10 Apr - 24 Apr 2020
Option exercise terms for BRIG TO3
Market
Nasdaq First North Sweden
Exercise period(s)
11 Oct - 25 Oct 2017
11 Apr - 25 Apr 2018
11 Oct - 25 Oct 2018
04 Apr - 25 Apr 2019
11 Oct - 25 Oct 2019
10 Apr - 24 Apr 2020
Exercise price
2.00 SEK
Status
Closed
Issue terms
Trading in warrants series TO3 2017/2020 commences on May 29, 2017.
Update (11.10.2017): 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.
Update (20.11.2019): According to the terms for warrants in the TO3 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, 1 warrant in the TO3 series will still give the right to subscribe for 1 new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 subscription option in series TO3 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 4 per share.
Result of offer
Brighter receives SEK 9,2 million through exercise of warrants.
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
144755
Amount of instruments
14 487 539
Market cap
Currency
SEK
Segment
First North
Trading period
13 Oct 2017 - 04 Sep 2020
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.
Update (20.11.2019): According to the terms for warrants in the TO4 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, one (1) warrant in the TO4 series will still give the right to subscribe for one (1) new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 warrant in series TO4 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 6.01 per share.
Type
Price
Pre-money valuation
Time
Files
Exercise
2.00 SEK
22 Feb - 08 Mar 2018
25 Aug - 08 Sep 2018
22 Feb - 08 Mar 2019
25 Aug - 08 Sep 2019
22 Feb - 08 Mar 2020
25 Aug - 08 Sep 2020
Option exercise terms for BRIG TO4
Market
Nasdaq First North Sweden
Exercise period(s)
22 Feb - 08 Mar 2018
25 Aug - 08 Sep 2018
22 Feb - 08 Mar 2019
25 Aug - 08 Sep 2019
22 Feb - 08 Mar 2020
25 Aug - 08 Sep 2020
Exercise price
2.00 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.
Update (20.11.2019): According to the terms for warrants in the TO4 series, the subscription price shall be recalculated in such a way that the new subscription price corresponds to the subscription price in the benefit issue. This means that after recalculation, one (1) warrant in the TO4 series will still give the right to subscribe for one (1) new share in Brighter, but at a recalculated subscription price of SEK 2 per share. Prior to recalculation, 1 warrant in series TO4 gives the right to subscribe 1 new share in Brighter at a subscription price of SEK 6.01 per share.
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
175884
Amount of instruments
22 000 000
Market cap
Currency
SEK
Segment
First North
Trading period
28 Jun 2019 - 01 Jun 2023
Terms
One (1) warrant entitles the holder to subscribe one (1) share in the Company. The exercise price for BRIG TO5 has been set to 10.56 SEK. The exercise price corresponds to 115 percent of the lowest volume-weighted average price of the Brighter share over the fifteen (15) Business Days immediately preceding the date of the agreement with Winance on May 28th 2019.
Update (20.11.2019): The subscription price in the TO5 series is, after recalculation, SEK 6.40 per share. Prior to the recalculation, the subscription price was SEK 10.56 per share. The number of Brighter shares that each warrant in the TO5 series entitles subscription for after the recalculation, is 1.65. Prior to the recalculation, one (1) warrant entitled subscription of one (1) share.
Update (15.01.2020): Recalculation of warrants in series TO5.
Type
Price
Pre-money valuation
Time
Files
Exercise
6.40 SEK
21 Nov - 12 Dec 2019
22 May - 05 Jun 2020
20 Nov - 04 Dec 2020
21 May - 04 Jun 2021
22 Nov - 06 Dec 2021
23 May - 06 Jun 2022
21 Nov - 05 Dec 2022
23 May - 05 Jun 2023
Option exercise terms for BRIG TO5
Market
Nasdaq First North Sweden
Exercise period(s)
21 Nov - 12 Dec 2019
22 May - 05 Jun 2020
20 Nov - 04 Dec 2020
21 May - 04 Jun 2021
22 Nov - 06 Dec 2021
23 May - 06 Jun 2022
21 Nov - 05 Dec 2022
23 May - 05 Jun 2023
Exercise price
6.40 SEK
Status
Active
Issue terms
One (1) warrant entitles the holder to subscribe one (1) share in the Company. The exercise price for BRIG TO5 has been set to 10.56 SEK. The exercise price corresponds to 115 percent of the lowest volume-weighted average price of the Brighter share over the fifteen (15) Business Days immediately preceding the date of the agreement with Winance on May 28th 2019.
Update (20.11.2019): The subscription price in the TO5 series is, after recalculation, SEK 6.40 per share. Prior to the recalculation, the subscription price was SEK 10.56 per share. The number of Brighter shares that each warrant in the TO5 series entitles subscription for after the recalculation, is 1.65. Prior to the recalculation, one (1) warrant entitled subscription of one (1) share.
Update (15.01.2020): Recalculation of warrants in series TO5.
People
Number of Employees
75 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
Website

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

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