Flat Capital AB (publ) (“Flat” or the “Company”) has entered into an agreement to make an additional investment of approx. 27.2 MSEK in SpaceX (Space Exploration Technologies Corp.). The investment is made through Flat acquiring shares in a special purpose vehicle (SPV) from Nidoco AB, a subsidiary in the Virala group with the main owners Alexander and Albert Ehrnrooth. The acquisition will be made through an in-kind issue of Flat B shares at a price of 17.50 SEK per share, and will be carried out at market price according to the latest capital round, which values SpaceX at approx. 350 billion USD. The purchase price will be paid through newly issued B shares in the Company at a subscription price of 17.50 SEK per B share, corresponding to a premium to Flat's net asset value as of March 31, 2025 of approx. 63%. Through the transaction, Flat also gains a strong new shareholder
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL, BE SUBJECT TO LEGAL RESTRICTIONS OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES. FURTHER RESTRICTIONS APPLY. SEE THE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE
In light of the extensive media interest, Flat confirms its previous investment of approx. 34 MSEK in the American AI hardware company io Products. The investment was made in December 2024, and is one of the four companies in the “mini-portfolio”, previously announced in the press release (2025-01-21)...
The shareholders of Flat Capital AB (publ), 556941-0110, (the "Company" or "Flat") are invited to the Annual General Meeting on Thursday, June 12, 2025, at 17:00 at Nordnet at Alströmergatan 39, 112 47 Stockholm (”Nordnet”). Registration begins at 16:45. The Board has decided, in accordance...