#Sweden #Gothenburg #Minesto #Financial Data #Marine Energy

Minesto's New Prospectus: What Investors Need to Know

On October 6, 2025, Minesto AB, a pioneering marine energy technology firm based in Gothenburg, Sweden, made significant strides by publishing its prospectus related to an ongoing rights issue. This document not only outlines the rights issue itself, garnering approximately SEK 152.4 million but also reveals critical financial information that had not been disclosed before.

Key Details on the Rights Issue

Minesto's Board of Directors decided to proceed with a rights issue on September 16, 2025, contingent upon the approval from an extraordinary general meeting, which occurred on October 3, 2025. With the rights issue now officially underway, the company brings a fresh wave of transparency by making pertinent financial information accessible to its investors and prospective shareholders.

The rights issue is seen as a vital financial maneuver aimed at bolstering the company’s capital structure and driving further developments in its marine energy solutions. The company’s website, minesto.com, hosts the prospectus and all other relevant data concerning this issue, providing a platform for shareholders to understand the company's trajectory and financial health better.

Sources of Financial Information

One of the document's notable aspects is the inclusion of previously undisclosed financial data as of July 31, 2025. This includes:

• - Liquidity: SEK 29.57 million
• - Short-term liabilities: SEK 33.34 million
• - Long-term liabilities: SEK 0.5 million
• - Total net debt: SEK 4.27 million

This vital information helps investors gauge the company’s financial standing and assess any potential risks associated with their investment. Such transparency is particularly important in a field where the complexities of marine energy technology have both high potential rewards and significant associated risks.

Indicative Timeline for the Rights Issue

Minesto has provided a preliminary timeline regarding the rights issue, which includes important trading dates:

• - Last day of trading with subscription rights: October 6, 2025
• - First day of trading without subscription rights: October 7, 2025
• - Record date for entitlement to subscription in the rights issue: October 8, 2025
• - Trading in subscription rights period: October 10 - 21, 2025
• - Subscription period: October 10 - 24, 2025
• - Expected announcement of preliminary outcomes: October 28, 2025

This timeline is essential for investors looking to participate in the rights issue and ensures they are well informed on critical deadlines.

Notes on Regulatory Approval

The prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA), which confirms that it meets the criteria for completeness, clarity, and consistency as per the Prospectus Regulation. However, it is important to note that SFSA’s approval is not an endorsement of the company or its securities.

About Minesto

Founded in 2007, Minesto has made remarkable advances in the marine energy sector, focusing on generating low-cost, reliable energy from ocean currents and low-flow tidal streams. Their unique technology has positioned them as industry leaders, enabling a transition toward more sustainable energy solutions. Major shareholders include BGA Invest and Corespring New Technology, with Minesto’s shares traded on the Nasdaq First North Growth Market.

As the market navigates this evolving landscape, the unveiling of their new prospectus signals Minesto's commitment to financial transparency and growth. Interested investors can access further information, including reports and company descriptions, on their investor relations page at minesto.com/investors.

For more insights from the company, press materials, and media content, visit their media page at minesto.com/media.