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, aimed at strengthening its financial position and supporting future growth initiatives [1][5][8]. Background and Company Overview - Stockwik Förvaltning AB, founded in 2013, has become a leading industrial investment company, generating approximately SEK 900 million in annual revenues and SEK 100 million in EBITDA [3][4]. - The company has built a diversified portfolio across four business segments over the last decade [4]. Share Issue Details - The share issue is conditional upon receiving FDI clearance from the Swedish Inspectorate for Strategic Products, with expectations to obtain this clearance by November 2025 [8][10]. - The subscription price of SEK 23 per share represents a 10% premium compared to the closing price on 7 October 2025 [8][11]. - Upon completion, the share issue will increase the total number of shares from 6,311,041 to 7,211,041, resulting in a dilution of approximately 12.5% [13][15]. Strategic Rationale - The share issue is seen as a strategic move to enhance the shareholder base with a financially capable main shareholder, ENDI Corp, which has been involved with Stockwik since August 2020 [5][14]. - The board of directors determined that this approach was more favorable than a rights issue, which would have taken longer and exposed the company to greater market risks [14]. Financial Implications - The gross proceeds from the share issue are expected to be SEK 20.7 million before transaction costs [8]. - ENDI Corp will become the owner of 22.7% of all shares and votes in the company following the completion of the share issue and a block trade involving existing shareholders [8]. Governance Changes - ENDI Corp intends to request an extraordinary general meeting to elect new board members after receiving FDI clearance and completing the share issue [17]. - Current board members have expressed their commitment to complete their terms unless replaced by shareholders [18].