Collectible funds continue to increase in value
Numisbing AB (publ) reports on three classes of funds that Numisbing AB (publ) invests in. There are three different classes of “Collectibles Fund” with separate portfolio. In August, Class A and B increased by +1.14 per cent with their holdings and Class C increased by +1.07 per cent. The "Collectibles Fund" is used to acquire…Läs mer
Numisbing AB expands board of directors, appoints new CEO ahead of stock exchange listing
Ahead of its listing on the Nasdaq First North exchange, Numisbing AB (publ) has appointed a new board of directors, while also welcoming Lars Wolf as Chief Executive Officer and Robert Hasslund as Chief Financial Officer. The new appointments mark a major milestone for Numisbing, which now comprises roughly 1,000 shareholders whilst also meeting around…Läs mer
Numisbing AB (publ) receives almost SEK 19.6 million in a new share issue before the application for listing
STOCKHOLM, August 23, 2019 – NUMISBING AB (“Numisbing” or “The Company”) today announced that the company has closed its issue before applying for listing on Nasdaq, First North this fall. The issue brought in SEK 19,590,933, where the issue included an offer totaling SEK 24.4 million (80.3 per cent subscription). Previously, the company entered into an agreement to invest capital to the company through share purchases from GEM Global Yield Fund LLC SCS (“GEM”), a New York-based private investment group, comprising SEK 150 million in so-called “Capital Commitment”. The agreement means that GEM invests in Numisbing for a maximum period of three years totaling SEK 150 million. Half of this investment will be invested in a “Collectibles Fund” where the fund acquires more collectible items.
Read the entire press release here: Numisbing pressrelease_eng 20190823
Numisbing Limited invest USD 1 Million in its Collectibles Fund
STOCKHOLM, 14 of June, 2019 – Numisbing AB announced that its Dubai based subsidy Numisbing Limited has invested USD 1 Million (SEK 9.4 Million) into Class ‘A’ of Collectibles Fund segregated portfolio as per 31 May 2019 NAV of USD 142.4068 per unit (Bloomberg : CABCOSP:KY). This investment will be utilized by Collectibles Fund to acquire more Numismatic items to its existing portfolio.
Read the entire press release here: Pressrelease Numisbing_eng 20191014
Numisbing AB (publ) Secures SEK 150 Million Capital Commitment from GEM Global Yield Fund
STOCKHOLM, 10 of June, 2019 – NUMISBING AB (Numisbing or the Company) announced today that it has secured a SEK 150 million (~today EUR 14.1 million / USD 15.9 million) capital commitment agreement with GEM Global Yield Fund LLC SCS (GEM), a Paris, New York, Los Angeles based private alternative investment group. Proceeds raised from the investment will go towards working capital, inventory, projects funding & acquisition.
Read the entire press release here: Numisbing pressrelease_eng 201290610