Carlsquare advised Scape Technologies in connection with a public offering of shares
Carlsquare acted as exclusive financial advisor to Scape Technologies in connection with their successful public offering of shares on Nasdaq First North.
The issue was structured as a rights issue, with preferential rights for existing shareholders.
Scape Technologies A/S is a Danish software automation company and one of the most experienced suppliers in the challenging field of bin-picking. In short, bin-picking is handling randomly placed parts from a bin by means of a robot and this is the core competence of the company. Some of the benefits of bin-picking include the removal of monotonous tasks and improvement of worker ergonomics, improvement of production capacity and quality, and the increased flexibility and speed in automation.
“At Scape technologies we are happy to be able to announce a good result of the rights issue today. Considering the current market conditions affected by the COVID-19 pandemic, we are especially happy with the support that we have received from existing as well as new shareholders. We will continue to focus on executing our growth and internationalisation strategy as well as on product development including AI/machine learning. New investment areas will also include investment towards small and medium sized companies, investments in our Chinese joint venture company, a strengthened business model with Robotics-as-a-Service and solutions for distribution centers for e-commerce. We look forward to an exciting journey with both new and existing shareholders.” says Søren Bøving-Andersen, CEO of Scape Technologies A/S.
Carlsquare acted as financial advisor to Scape Technologies A/S in connection with the organising of the structure of the issue, negotiating and establishing a guarantee consortium, structuring and completion of the rights issue, preparation of marketing material and coordination of dialogues with Nasdaq as well as with other advisors.