Dalsspira Mejeri AB intends to propose a rights offering of shares to raise Skr5.5m ($068m).

The offering will include a total of 739,312 shares priced at Skr7.5 (USD0.92) a share to be issued for every share held by existing shareholders.

Based in Sweden, Dalsspira Mejeri produces and sells goat and cow milk.

NFSG has received £0.15m ($0.19m) funding fromCrowdcube.

The funds are intended to be used to enhance NFSG's marketing efforts, expanding sampling programmes, improving its social media presence, and strengthening the sales and marketing team.