Setterwalls Advises AAC Clyde Space on Directed Issues of up to SEK 140 Million to Bonnier Capital

Setterwalls advised AAC Clyde Space in connection with directed share issues of up to SEK 140 million to Bonnier Capital AB, which through the transaction becomes the company’s largest shareholder. The directed issues comprise a directed share issue to Bonnier Capital AB amounting to up to SEK 140 million. Through these issues, Bonnier Capital becomes the largest shareholder in AAC Clyde Space. The transaction is intended to strengthen the company’s financial position and its long-term ownership structure, providing stability and resources to deliver on the company’s strategy and to enable continued growth in a market where demand for space-based information is increasing rapidly. AAC Clyde Space develops and supplies technology for small satellites and services that provide authorities, companies and organisations with high-quality data from space. The company specialises in satellite components, complete satellite missions and data services, offering comprehensive solutions used in areas such as weather monitoring, maritime safety, defence, agriculture and forestry. AAC Clyde Space is headquartered in Uppsala, Sweden, with main operations also in the UK, the Netherlands, South Africa and the USA. Its shares are traded on Nasdaq First North Premier Growth Market in Stockholm (Ticker: AAC) and on the US OTCQX Market (Symbol: ACCMF). Setterwalls represented AAC Clyde Space with a team composed by: Marcus Nivinger, Johanna Linnarsson, Eric Torstensson and Sara Alfsdotter. Practice areas involved: Equity Capital Markets; Corporate Law; IT, Technology and Telecoms; Defence and Security.

Setterwalls Advises AAC Clyde Space on Directed Issues of up to SEK 140 Million to Bonnier Capital

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