Wiser Technology (WISR) revealed in a statement the BoD’s decision to increase the capital of the company by issuing up to 4 562 792 new shares with a nominal value of BGN 1.00 and an issue price of BGN 6.00 each. The company plans to raise BGN 27.4m in funds in order to cover the bridge financing liability for the acquisition of the remaining 48.98% equity interest in Prime Holding, to finalize payment for the Badin Soft acquisition and for future M&A projects. The offering will be considered successful if at least 2 281 396 shares, or 50% of the offering, are subscribed and paid for. WISR's last price was BGN 5.85 per share, increasing by 11.4% over the last month and by 5.4% yesterday.