We acted as the legal counsel to Enersize Plc, in its rights issue, where the company raised gross proceeds of approximately MSEK 12.8 in order to promote continued growth and be able to meet increased demand from its customers. The proceeds were allocated to sales and marketing as well as the strengthening of the delivery organisation, amongst other things.
Enersize is a Finnish public limited company having its shares listed on Nasdaq Stockholm First North Growth Market. The company’s shares are traded only in Sweden. Enersize develops and provides software, tools, and services to improve the energy efficiency of industrial compressed air systems, serving industrial companies for whom energy efficiency is both an economic and environmental consideration. With the aim of reducing energy consumption, detecting leaks, and improving performance, its technology enables detailed monitoring, analysis, and real-time optimisation of compressed air systems.