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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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Agasti Holding ASA Announces Private Placement Related to Acquisition of Wunderlich Securities AS

Friday, 1 Mar 2013 01:00am EST 

Agasti Holding ASA announced that the Board of Directors of the Company approved a private placement towards Wunderlich Acquisition Holding, Inc. (WAH) with an issue of 3,500,000 shares with a subscription price of NOK 1.20 per share. WAH is the seller of 60% of the shares in Wunderlich Securities AS, which subsequently has changed its name to Agasti Wunderlich Capital Markets AS (AWCM). The shares issued in the private placement were immediately subscribed for by WAH. The private placement is motivated by strengthening the strategic alliance with Wunderlich after having purchased 100% of the shares in AWCM, where the majority shareholding of 60% where purchased from WAH. The total number of outstanding shares will after this share issue be 261,030,750. 

Company Quote

0.04 +4.17%
30 Jan 2015