Prime Living is listed on First North Stockholm and the company's share price has been slaughtered in recent years - since the peak in March 2017, the price has dropped by almost 99 percent and the company´s value on the stock market is today about SEK 50 million.
The company has a bond loan of MSEK 400 which was supposed to be paid back earlier this year and also a short shareholder loan of about MSEK 40 that should have been paid at the end of June, but the company has entered into a so-called stand still agreement with the lenders.
The company is now conducting a share issue, which was thus only subscribed to 59 percent. The share issue adds SEK 14.2 million to the company before deduction of issue costs.