Brief: Anoto Sells Additional 1 Mln Shares Of Knowledge AI

Inq AB (publ)

29/05/2023 07:36

May 29 (Reuters) - Anoto Group AB  ANOT.ST :
    * RAISES ADDITIONAL USD 1 MILLION ON A SALE OF 1 MILLION
SHARES OF
KNOWLEDGE AI TO FURTHER IMPROVE FINANCIAL STRENGTH
    * TRANSACTION WAS DONE AT USD 12 MILLION ON A FULLY DILUTED
BASIS
    * AFTER SALE, ANOTO WILL STILL OWN 4.3 MILLION SHARES OF
KNOWLEDGE
AI (47.8% ON OUTSTANDING NUMBER OF SHARES)
    * SHARES WERE SOLD TO AN INVESTMENT COMPANY BASED IN UNITED
KINGDOM

Source text for Eikon:  ID:nGNE7v34yy 
Further company coverage:  ANOT.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))