Eevia Health Plc ("Eevia"), a fast-growing functional foods company, today announces that the new share issue of approximately SEK 26.2 million prior to the planned listing on Spotlight Stock Market, was heavily oversubscribed. Subscriptions from over 3,500 investor accounts for a total subscription value of SEK 109.0 million means that the share issue was subscribed 4.16 times (or 416%).
Seinäjoki, Finland, May 18th, 2021 - Eevia releases an adjusted Interim Report for Q1-21 and makes plans to list its shares in Sweden. After a shareholders' decision on April 21st, Eevia Health Oy has changed its legal form from a private limited company to a public limited company and became Eevia Health Oyj. In the same decision the share capital was increased to EUR 80.000, which followed a pre-IPO equity issue of EUR 1,2 million completed in January 2021.
Eevia Health Oy, a Finnish producer of organically-certified plant extracts, has received large purchase orders from US customers for elderberry extract, which is very popular as an immune-stimulant.
Eevia Health Oy, a Finnish producer of health ingredients made from organically-certified plant extracts, has upgraded its green-chemistry manufacturing plant in Finland to meet strong demand from customers.