Raketech Group Announces Increase in Shares Following Earnout Consideration Payment
16 October 2024 — Raketech Group P.L.C. ("Raketech" or the "Company") today announced it will issue shares in connection with an earnout consideration payment to the founders of Casumba.
The number of shares will increase by 1,071,000 determined by the volume-weighted RAKE share price for the period from 1 June to 31 August 2024, which was 8.89 SEK per share. Following the issuance of shares, the total number of shares in Raketech Group will amount to 45,224,227.