trending Market Intelligence /marketintelligence/en/news-insights/trending/to-rknet00wluf5qf1vxkg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Norwegian fintech Hiddn plans 39M kroner rights issue

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Norwegian fintech Hiddn plans 39M kroner rights issue

Norwegian financial technology company Hiddn Solutions ASA's board decided to launch an underwritten rights issue valued at between 30 million Norwegian kroner and 39 million kroner.

The proposal includes pre-emptive subscription rights for current shareholders. Hiddn plans to issue between 17,142,857 and 22,379,825 new shares with a subscription price of 1.75 kroner per share.

Net proceeds from the issue will be used to finance working capital in Hiddn's ongoing business.

Underwriters have agreed to purchase up to 17,142,857 shares that remain unsubscribed at the end of the offer, ensuring minimum proceeds of about30 million kroner for Hiddn. The underwriters will be paid a fee equal to 4.00% of the underwritten amount.

In the rights issue, existing shareholders will be given the right to subscribe to 1 share per subscription right, with subscription rights based on their existing shareholding as of March 21. The subscription rights will not be tradable and will not be listed on Oslo Børs.

DNB Bank ASA unit DNB Markets is acting as manager of the rights issue, while Aabø-Evensen & Co Advokatfirma AS is acting as legal adviser to Hiddn.

As of March 16, US$1 was equivalent to 7.72 Norwegian kroner.