🔴 2DG.SG is trading 5.1% down today following recent share dilution and convertible loan conversion

2DG.SG is trading 5.1% down today at $4.85. The decline follows recent capital market activities including:

• The conversion of a $12M convertible loan by Bootstrap Europe into 22,847,044 new shares on July 3, 2026, resulting in approximately 6.4% dilution for existing shareholders.
• A directed share issue of 12,280,701 ordinary shares on June 30, 2026, which raised approximately SEK 700 million and caused about 3.3% dilution.
• These recent events, which introduced new shares and debt conversion, likely contributed to profit-taking and increased market volatility for the stock.