The new share issue in the design company G.A.D, Gotland Art & Design, was fully subscribed and the company has been approved for listing on Spotlight, the company writes in a press release."We are very pleased with the strong interest in G.A.D and would like to warmly welcome our new shareholders. In the second half of the year, we planned and launched our expansion journey through digital marketing, and are already seeing results in both reach and sales. We have begun our initiative toward the corporate market, where we see significant long-term opportunities. The capital provided through the new share issue enables us to accelerate all initiatives, including internationalization. We look forward to continuing G.A.D's growth journey as a listed company together with our shareholders," says Håkan Nilsson, VD for G.A.D. Through the new share issue, the company is provided with approximately SEK 15 million before issue costs, which are estimated to amount to approximately SEK 2.5 million. The number of new shareholders as a result of the new share issue amounts to approximately 435.On November 24, G.A.D received a conditional approval subject to customary conditions for listing on Spotlight Stock Market, provided, among other things, that the company achieves sufficient ownership dispersion and a required number of shareholders ahead of the planned first day of trading.Through the outcome of the new share issue, all such conditions have been fulfilled. The planned first day of trading on Spotlight Stock Market is December 19.