FrontOffice Nordic AB (publ) (NGM:FRNT MTF B) announced that it has entered into a purchase agreement for a private placement of class B shares for gross proceeds of SEK 52,000,000 with GEM Global Yield Fund LLC SCS; a fund managed by new investor Global Emerging Markets on November 26, 2018. The company will issue the security during a period of 36 months. The company will also issue warrants in the transaction. The warrants entitle the shareholder to acquire 1,000,000 class B shares of the company at a fixed exercise price of SEK 4 per share. The number of class B shares to be issued at each requested share issue is based on the trading volume. The investor will acquire not more than 9.9% stake in the company through this transaction. The investment agreement grants the company an unilateral right, but no obligation, to successively request the investor to subscribe for shares without preferential rights.