Vinge has advised Re:NewCell, a textile-to-textile recycling company listed on Nasdaq First North Premier Growth Market, in connection with a directed share issue whereby the company raised proceeds of approximately SEK 240 million before issue costs.
The share issue was directed to a number of selected Swedish and international institutional investors on the basis of an accelerated bookbuilding process.
Founded by innovators from Stockholm’s KTH Royal Institute of Technology in 2012, Re:NewCell AB (publ) is a multi-award-winning sustaintech company based in Sweden. The company’s vision is to make fashion circular.
Vinge’s team consisted of Dain Hård Nevonen, William Kåge and Annie Fällström.
