QBNK Holding AB announced that it has entered into an equity line financing agreement for a private placement of common shares with new investor GEM Global Yield Fund, L.P., a fund managed, by Global Emerging Markets Limited for gross proceeds of SEK 30,000,000 on September 9, 2014. The company will issue maximum of 3,000,000 shares. The equity line will have a term period of 36 months.

The number of shares to be issued will be based at average trading volume in the company's share during a period of 15 days prior to the notification of subscription issued by the company. The price per share will be based on 90% of the average closing price during a period of 15 days after the notification of subscription issued by the company. The investor will also be given a call option to acquire shares of the company from majority shareholder Tre Liljor Sverige AB.