Bayn Europe has announced plans for rights issue of more than 1.8 million shares, and warrants at a price of Skr3.48 ($0.42) a unit, to raise an amount of Skr6.5m ($0.79m) to invest in its sales and expansion activities.
Existing shareholders will be allowed for one unit right, consisting of one share and one warrant, while two such unit rights are required to subscribe for a unit.
Shareholders will be entitled to subscribe for one share in Bayn Europe through one warrant. The price of each new share is fixed at 80% of the volume-weighted average of the company's market price a share.
Price for this purpose refers to that during the period between 24 October 2016 and 4 November 2016.
Astra Dairy Farms, an India-based company, has announced that it plans raise funds to expand its operations in South India.
The funds will be secured from a couple of investors through Series A funding.
Ros Agro has announced it will raise funds to support its expansion, modernisation and acquisition activities by offering global depositary receipts (GDRs).
The Russian integrated agribusiness company plans to secure $250m through the offering of its newly issued ordinary shares.
Ros Agro's controlling beneficial shareholder Vadim Moshkovich will participate in the transaction and intends to purchase $100m worth of GDRs. Company's CEO Maxim Basov will also take part in the transaction.
Delightful Gourmet-operated meat and fish ordering start-up Licious has raised an investment through a Series A funding round.
The Indian ordering platform was established by Abhay Hanjura and Vivek Gupta and employs approximately 150 people.
