-+ 0.00%
-+ 0.00%
-+ 0.00%
Martela Plans Up to EUR8 Million Equity Issue, Share Series Combination
Share
Listen to the news
05:54 AM EDT, 09/08/2026 (MT Newswires) -- Martela (MARAS.HE) said Tuesday that it is planning to raise between 5 million euros and 8 million euros through a directed issue of up to 17,777,777 new series A shares. The transaction is expected to take place during the second half and aims to strengthen the furniture company's working capital, ensure its operational continuity, rehabilitate its capital structure, and expand its shareholder base. Additionally, Martela intends to combine its 4,034,412 series A shares on Nasdaq Helsinki with its 604,800 unlisted class K shares into a single, publicly listed share series. Both proposals will be subject to shareholder approval at an extraordinary general meeting.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending