Brief: Acarix Warrants Exercised To About 88%, Resolves On Directed Share Issue

Acarix AB

23/05/2023 07:22

May 23 (Reuters) - Acarix AB  ACARIX.ST :
    * SAID ON MONDAY, RAISES ABOUT SEK 22 MLN THROUGH EXERCISE
OF
WARRANTS AND RESOLVES ON DIRECTED SHARE ISSUE
    * IN TOTAL, 102,561,210 WARRANTS WERE EXERCISED FOR
SUBSCRIPTION
OF 51,280,605 NEW SHARES, CORRESPONDING TO EXERCISE RATE OF
ABOUT 88%
    * THROUGH EXERCISED WARRANTS, CO IS PROVIDED ABOUT SEK 19
MLN
BEFORE COSTS
    * RESOLVES ON DIRECTED SHARE ISSUE IN ORDER TO ENSURE ISSUE
PROCEEDS OF UP TO 100%
    * ENTERS AGREEMENT WITH CONSORTIUM OF EXISTING SHAREHOLDERS
REGARDING GRATUITOUS COMMITMENTS TO SUBSCRIBE FOR SHARES 
    * AGREEMENT TO SUBSCRIBE FOR ENTIRE VOLUME OF SHARES THAT
WARRANT
SERIES INCLUDES BUT WHICH WERE NOT SUBSCRIBED WITH SUPPORT OF
WARRANT SERIES
    * TOTAL ISSUE PROCEEDS ARE ABOUT SEK 2.7 MLN
    * SUBSCRIPTION PRICE IS SEK 0.37 PER SHARE
    * ISSUE IS SUBJECT TO SUBSEQUENT APPROVAL OF EGM
    * CO WILL THUS RECEIVE TOTAL OF ABOUT SEK 21.6 MLN BEFORE
COSTS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN3dxntD
 Further company coverage:  ACARIX.ST  

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