EAM Solar plans rights issue to raise up to NOK 20m

EAM Solar AS announced a rights issue targeting gross proceeds of up to NOK 20 million. The capital raise is intended to provide additional working capital to support ongoing legal processes and maximize future business opportunities for the company. The proposed rights issue, including a share capital reduction to NOK 1.0 per share, is contingent on shareholder approval at an extraordinary general meeting (EGM) expected on October 1, 2025.

Existing shareholders as of the record date (expected October 3, 2025) will receive tradeable preferential subscription rights, with a minimum subscription price of NOK 1.0 per share. Norne Securities AS has been appointed as manager and bookrunner for the rights issue, which requires the EGM's approval and the publication of a national prospectus.

The tentative timeline indicates the subscription period is expected to commence around October 6, 2025, and conclude around October 20, 2025. Trading in subscription rights on Euronext Growth Oslo is anticipated from October 6 to October 16, 2025. All dates and figures remain tentative and subject to change.