Published: 5/20/2026 6:52:26 AM

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Finwire about Zoomability Int AB: Zoomability raises SEK 6.6 million in directed share issues

Elfordonsbolaget Zoomability is carrying out two directed share issues totaling approximately SEK 6.6 million before transaction costs. A total of approximately 6 million shares will be issued at a subscription price of SEK 1.1 per share. "Over the past year, we have done the groundwork required to be able to scale the business in a profitable way. We have reduced our costs, strengthened our product platform and are now seeing clearly increased market acceptance. With this share issue, we can secure production in larger volumes, intensify our commercial presence and take a decisive step toward passing break-even. It is an important step in our journey to establish Zoomability as a globally scalable product company. It is also very gratifying that Jörgen and Peter, who run We Run Sweden, are participating in the share issue. Their participation shows strong confidence in our product, our market potential and the journey we are now continuing to build together," says Adam Hagman, CEO of Zoomability.The first share issue comprises 5,272,731 shares and has been decided by the board of directors with support of an authorization to issue shares. Investors include, among others, Intense Resurs Bemanning, JEQ Capital and existing shareholders. The second share issue comprises 751,814 shares and is to be considered at an extraordinary general meeting on June 5. There, among others, CEO Adam Hagman and board chair Kalle Sundqvist as well as several other insiders are expected to participate. The subscription price corresponds to a discount of approximately 28.3 percent compared with the closing price on May 19.According to the company, the capital is to be used for increased production, inventory buildup, working capital and commercial expansion. The company also states that 50 units of Zoom 2.0 have so far been sold in 2026 through two sold-out sub-batches. Cost coverage is expected to be reached at approximately 100 units and the sales target is 200-350 units within two years. Upon full completion, the number of shares increases to 31.5 million and dilution amounts to approximately 19.1 percent.

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