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Mandate Vinge advises Aspiro in capital raising

June 16, 2014

Aspiro AB (publ) has published a rights issue prospectus for approximately SEK 65.8 million before transactions costs. The rights issue is fully subscribed by, among others, the principal owner, Streaming Media AS, a company within the Schibsted group. The rights issue is intended to strengthen the company’s financial position and implement the company’s strategies.

Vinge advised Aspiro in connection with the rights issue. Vinge’s team primarily consisted of Jesper Schönbeck, Oskar Bellani and Amanda Granqvist.

Aspiro is a media technology company which is playing a prominent role in redefining music consumption. The company offers WiMP, a premium music streaming service for consumers with HiFi quality audio and the first and only multimedia service with integrated editorial, magazine and video content. In addition, Aspiro is also a content supplier to the media industry through the syndicated platform, RADR, and helps its partners to attract and retain visitors on their websites. For more information, visit www.aspiro.com.

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