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InCoax Networks AB
Nasdaq First North Sweden (Sweden)
InCoax Networks AB develops solutions for broadband access with Gigabit-speed. The company provides the next generation smart and sustainable network products and solutions to its providers of telecom and broadband services. It develops products and solutions for broadband access over coaxial networks based on MoCA Access. The company's operations are based in Gavle and Malmo.
Sector:
TECHNOLOGY
>
Communication Equipment
Information Technology
Media
New issue
Price
8.00 SEK
Subscription period
18 Oct - 01 Nov 2019
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
INCOAX
SE0009832595
Nasdaq First North Sweden
Sweden (SE)
Details of share in InCoax Networks AB with ticker INCOAX
Status
Active
Order book id
Amount of instruments
12 361 442
Par value
0.2500
Market cap
Currency
SEK
Segment
First North
First trading date
03 Jan 2019
Terms
Type
Price
Pre-money valuation
Time
IPO
20.00 SEK
171.1M SEK
28 Nov - 12 Dec 2018
IPO in InCoax Networks AB
Market
Nasdaq First North Sweden
Subscription period
28 Nov - 12 Dec 2018
Subscription price
20.00 SEK
Price per share
20.00 SEK
Target to raise
24 000 000 SEK
Types
Share issue
Pre-money valuation
171 100 000 SEK
Subscription block size
1
Minimum subscription
275
Record date
Offer status
Closed
Listing status
Listed
First trading date
03 Jan 2019
Issue terms
Open to the public.
Comments for listing & related information
InCoax had planned to get listed on First North on 20 December 2018, but on that date they communicated that they will be listed at a later date as Nasdaqs approval process was still ongoing.

The company has been approved for a listing on First North, the first day listed is set to 3 January 2019.
Type
Price
Pre-money valuation
Time
New issue
12.50 SEK
15 Mar - 18 Mar 2019
Share issue in InCoax Networks AB
Market
Nasdaq First North Sweden
Subscription period
15 Mar - 18 Mar 2019
Subscription price
12.50 SEK
Price per share
12.50 SEK
Target to raise
38 000 000 SEK
Types
Share issue
Pre-money valuation
Subscription block size
Minimum subscription
Record date
Offer status
Closed
Listing status
Listed
Issue terms
Update: The price per share was set at 12.50 SEK and the company raised 38 MSEK.

Directed to a few selected investors. Price per share and the amount will be set during the capital raising process. The process began after the market closed on 15 March 2019 and is expected to be finished before the market opens on 18 March.
Type
Price
Pre-money valuation
Time
New issue
8.00 SEK
98.89M SEK
18 Oct - 01 Nov 2019
Share issue in InCoax Networks AB
Market
Nasdaq First North Sweden
Subscription period
18 Oct - 01 Nov 2019
Subscription price
Price per share
8.00 SEK
Target to raise
59 334 912 SEK
Types
Share issue
Pre-money valuation
98 891 536 SEK
Subscription block size
Minimum subscription
Record date
15 Oct 2019
Offer status
Active
Listing status
Listed
Issue terms
Pre-emption 3:5. For each existing share, one (1) subscription right is obtained. Five (5) subscription rights entitle to subscription of three (3) new shares.
Comments for offer & related information
As part of the present Rights Issue, the Company has raised Bridge Loans totaling SEK 15 million from two of the external investors guaranteeing the Rights Issue. The Bridge Loans carry market interest rates. To the extent that the lenders are allotted shares in the Rights Issue in accordance with their respective guarantee commitments, the guarantee commitments will be fulfilled by offsetting the Bridge Loans. The remaining part of the Bridge Loans will be settled in cash once the Rights Issue has been completed.
People
Number of Employees
19 people
Peter Carlsson
CEO
Richard Tooby
Chairman of the board
Richard Tooby
Board member
Anders Nilsson
Board member
Pär Thuresson
Board member
Patrik Widlund
Board member
Company Details
Sector
TECHNOLOGY

Address
Utmarksvägen 4
Zip code
802 91
City/district
GÄVLE
Country
Sweden (SE)
Registration number
556794-1363
LEI code
894500TBS5CKIZNBLD68
First trade date
03 Jan 2019
Registration date
23 Nov 2009
Short name
InCoax Networks

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