24SevenOffice Scandinavia AB (publ) (NGM:247) is looking for merger and acquisitions opportunities. The company on January 29, 2021 announces its intention to carry out a directed new share issue to Swedish and international institutional investors of up to SEK 300 million (the "Directed New Share Issue"). The Company intends to use the proceeds from the Directed New Share Issue to accelerate growth initiatives, including M&A opportunities, and for general corporate purposes. The board of directors' assessment is that the subscription price in the Directed New Share Issue will be in accordance with market conditions, since it will be determined through an accelerated bookbuilding procedure.