Setterwalls advised Alelion Energy Systems AB in connection with oversubscribed rights issue

Setterwalls advised Alelion Energy Systems AB in connection with an oversubscribed rights issue of shares and warrants which, together with the overallotment, provides Alelion with a total of approximately SEK 68.2m.

Alelion is a lithium-ion technology solution provider and manufacturer of battery systems. Alelion makes its clients succeed with their electrification of industrial vehicles and transformation to more sustainable use of energy. With powerful solutions, automated production and an empowering approach, Alelion constantly strives forward, for a better tomorrow. Alelion is headquartered in Gothenburg, Sweden and listed at Nasdaq First North Growth Market.

Setterwalls advised Alelion Energy Systems AB in connection with an oversubscribed rights issue of shares and warrants. The rights issue and the overallotment option thus provide Alelion with a total of approximately SEK 68.2m before deductions for costs related to the rights issue.