Setterwalls has assisted GomSpace Group AB (publ) (“GomSpace”) in connection with a directed share issue

Setterwalls has assisted GomSpace, listed on Nasdaq First North Premier Growth Market, in connection with a share issue directed to The Hargreaves Family No. 14 Settlement. Through the directed share issue, the company receives approximately SEK 103 million before deduction of costs related to the new share issue.

GomSpace, founded in 2007, is a manufacturer of micro- and nanosatellites with over 75 space missions and 33 years in orbit with customers within the commercial, scientific, defense and academic sectors. GomSpace is the parent company of the group with subsidiaries in Sweden, Denmark, Singapore, the United States, Luxembourg and France. GomSpace’s vision is to become an integrated service provider offering a standardized micro- and nanosatellite platform with multiple configuration possibilities for multiple application areas. The purpose of the share issue was to bring a major long-term investor into the company and at the same time strengthen the company’s financial position.