Brief: Brain+ Raises About DKK 3.1 Mln From Warrant Exercise, Decides On Directed Share Issue

Brain+ A/S

01/10/2024 11:45

Oct 1 (Reuters) - Brain+ A/S  BRAINP.CO :
    * DECISION TO CARRY OUT A DIRECTED SHARE ISSUE TO COVER
GUARANTOR
SUBSCRIPTIONS
    * ANNOUNCES 62.7% COVERAGE OF SERIES TO 4 WARRANTS
    * ISSUED 65,496,978 WARRANTS IN JUNE 2024
    * RAISES APPROXIMATELY DKK 3.1 MILLION FROM WARRANT EXERCISE
    * DIRECTED ISSUE TO PROVIDE BRAIN+ WITH APPROXIMATELY DKK
0.2
MILLION
    * TOTAL NET PROCEEDS SECURE BRAIN+ FUNDING TO END 2024

Source text for Eikon:  ID:nWkr1K9KyY 
Further company coverage:  BRAINP.CO 

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