Stockwik has resolved on a directed share issue of 900,000 shares to ENDI Corp at SEK 23 per share, subject to FDI clearance

Core Viewpoint - Stockwik Förvaltning AB has announced a directed share issue of 900,000 shares to ENDI Corp at a subscription price of SEK 23 per share, subject to foreign direct investment (FDI) clearance [1][5][6] Background and Company Overview - Stockwik Förvaltning AB, founded in 2013, has become a leading industrial investment company, with a diversified portfolio across four business segments, generating approximately SEK 900 million in annual revenues and SEK 100 million in EBITDA [3][4] Share Issue Details - The share issue aims to strengthen the Company's financial position and enhance its ability to focus on efficiency improvements and future M&A opportunities [5] - The subscription price of SEK 23 per share represents a 10% premium compared to the closing price on 7 October 2025 [6][12] - The completion of the share issue is conditional upon receiving FDI clearance from the Swedish Inspectorate for Strategic Products, expected in November 2025 [9][8] Financial Implications - Upon completion, the Company will receive gross proceeds of SEK 20.7 million before transaction costs, and ENDI Corp will become the owner of 22.7% of all shares and votes in the Company [6][15] - The share capital will increase by SEK 450,000.01, resulting in a dilution of approximately 12.5% [15] Strategic Rationale - The board of directors determined that the directed share issue to ENDI Corp was the most favorable alternative for the Company, considering the need to strengthen the shareholder base and minimize dependency on market conditions [11][13] - The decision to pursue this share issue was influenced by the intention of three of the Company's largest shareholders to sell their shares [13][14] Future Governance Changes - ENDI Corp intends to request an extraordinary general meeting to elect new board members following the receipt of FDI clearance and completion of the share issue [17] - Current board members have expressed their commitment to complete their terms unless replaced by shareholders [18]