Brief: Huddly Announces Contemplated Private Placement Of NOK 100-130 Mln

Huddly AS

21/11/2023 15:51

Nov 21 (Reuters) - Huddly AS  HDLY.OL :
    * CONTEMPLATED PRIVATE PLACEMENT
    * CONTEMPLATED PRIVATE PLACEMENT OF BETWEEN NOK 100 AND 130
MILLION ( "OFFER SIZE"), EQUIVALENT TO BETWEEN 200 - 260 MILLION
NEW SHARES
    * SUBSCRIPTION PRICE PER OFFER SHARE IN PRIVATE PLACEMENT
WILL BE
AT A FIXED PRICE OF NOK 0.50 PER OFFER SHARE
    * MAY PROPOSE A SUBSEQUENT OFFERING TOWARDS EXISTING
SHAREHOLDERS
NOT PARTICIPATING IN PRIVATE PLACEMENT,
    * APPOINTED PARETO SECURITIES AS AS SOLE LEAD MANAGER AND
BOOKRUNNER FOR PRIVATE PLACEMENT
    * NET PROCEEDS WILL BE USED FOR STRENGTHENING GO-TO-MARKET
PARTNERSHIPS, INVESTMENTS IN RESEARCH AND DEVELOPMENT, WORKING
CAPITAL REQUIREMENTS

Source text for Eikon:  ID:nObisXJKTa 
Further company coverage:  HDLY.OL 

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