Through the directed share issue, the company will receive SEK 30.2 million of which SEK 1 million of the share issue is subject to subsequent approval by the extraordinary general meeting.

OXE Marine AB, founded in 2012, is a company based in Sweden that is behind the world’s first high-performance diesel outboard engine and has a unique patented solution for transmission between the engine head and lower leg that has led to high global demand. OXE Marine’s ambition is to continue to grow and offer commercial marine solutions that are safer for people and the planet.

Moll Wendén has been legal advisor and Redeye AB has been Sole Manager and Bookrunner to OXE Marine AB in connection with the directed share issue.

For more information, see OXE Marine’s press release here.

Moll Wendén’s team has mainly consisted of Henric Stråth (responsible partner), Alexander Blom Vigsø and Hannah Wilör.