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ORTELIUS strengthens balance sheet through SEK 5.45 million directed set-off issue to facilitate future financing
MFN by Modular Finance ·
MFN by Modular Finance reports: The Board of Directors of Ortelius International AB (publ) (“Ortelius” or the “Company”) has today resolved, based on the authorisation granted by the annual general meeting held on 31 July 2026, to carry out a directed issue of 54,500,000 shares with payment by way of set-off of claims (the "Set-Off Issue"), at a subscription price of SEK 0.10 per share. The Set-Off Issue converts outstanding debt totalling SEK 5,450,000 into equity. The subscription price…