Setterwalls advises Crunchfish in connection with a rights issue

Setterwalls advises Crunchfish AB, listed on Nasdaq First North Growth Market, in connection with a rights issue of units consisting of shares and two series of warrants.

Crunchfish is a tech company developing a digital offline payment solution for banks, payment services and central bank digital currency implementations. The company is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden, and a subsidiary in India. Through the rights issue, Crunchfish may initially receive issue proceeds of a maximum of approximately SEK 57 million before issue costs.