according to the materials from the site - By DeFi Planet
H100 Group AB has raised approximately 21.2 million Swedish kronor through a targeted share issuance aimed at implementing its investment strategy focused on Bitcoin. The funding round approved by the company's board of directors involves the issuance of up to 2,771,202 new shares at a price of 7.66 Swedish kronor per share, which corresponds to the volume-weighted average share price of Scandinavian small and medium enterprises as of August 1, 2025.
The qualified investors in the deal are Benjamin Calvin Brodhead, Natanya Brooks, and Adam Malone. H100 Group emphasized that the subscription price was established during market negotiations, ensuring its precise alignment with current demand and market conditions.
The company decided to forgo the preemptive rights of shareholders to expedite the process, citing four main factors: a longer execution time and potential market volatility with a traditional rights offering, significantly higher costs associated with rights placements, the speed advantage associated with targeted share issuance, and an acute need to seize attractive opportunities related to Bitcoin within its treasury management strategy.
By attracting fresh capital, H100 Group aims to enhance its financial flexibility and allocate funds for investments in Bitcoin while maintaining a balanced capital structure. 'This approach allows us to act quickly and competitively in the market,' noted the board of directors.
The targeted share issuance underscores the company's commitment to using Bitcoin as a core element of its treasury management plan. Amid the growing demand for corporate strategies based on Bitcoin, H100 Group's swift capital raising enables it to act decisively in the face of increasing competition in the investment market.
The proceeds from this placement will be directed exclusively towards strategic investments in Bitcoin, reaffirming H100 Group's ambition to become a leading player in the Bitcoin treasury market.
H100 Group also marked an important milestone in its international expansion by officially joining the Frankfurt Stock Exchange under the ticker GS9. The listing, announced on July 22, allows European investors to trade the company's shares in euros without the need for new share issuance.