Brief: iZafe To Carry Out Directed Issue Of Shares, Issue Of Warrants

iZafe AB

09/04/2024 07:14

April 9 (Reuters) - iZafe Group AB  IZAFEb.ST :
    * THE BOARD OF IZAFE GROUP AB HAS DECIDED TO CARRY OUT A
DIRECTED
ISSUE OF SHARES AND AN ISSUE OF WARRANTS
    * DIRECTED ISSUE IS CARRIED OUT AT A SUBSCRIPTION PRICE OF
SEK
0.20 PER SHARE
    * DISCOUNT OF ABOUT 6.0 PERCENT TO VOLUME-WEIGHTED AVERAGE
PRICE
OF COMPANY'S SHARES ON NASDAQ FIRST NORTH GROWTH MARKET DURING
LAST 5 TRADING DAYS
    * THROUGH DIRECTED ISSUE, IZAFE GROUP WILL RECEIVE SEK 5
MILLION
BEFORE TRANSACTION COSTS
    * UPON FULL UTILIZATION OF TO14B, COMPANY MAY RECEIVE AN
ADDITIONAL MAXIMUM OF ABOUT SEK 7.5 MILLION SEK BEFORE
TRANSACTION COSTS

Source text for Eikon:  ID:nMFN2tm0tk 
Further company coverage:  IZAFEb.ST 

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