Brief: Napatech Signs Deal With US Company For $7.5 Mln Investment

Napatech A/S

17/02/2023 07:19

Feb 17 (Reuters) - Napatech A/S  NAPA.OL :
    * ANNOUNCES AN AGREEMENT WITH A US BASED TECHNOLOGY COMPANY
FOR A
USD 7.5 MILLION INVESTMENT IN NAPATECH
    * INVESTMENT WILL BE MADE THROUGH A PRIVATE PLACEMENT OF
6,200,738
MILLION SHARES AT NOK 12.34 PER SHARE
    * SHARE PRICE IN PRIVATE PLACEMENT CORRESPONDS TO VOLUME
WEIGHTED
AVERAGE PRICE OVER FIVE TRADING DAYS FROM 09 FEBRUARY TO 15
FEBRUARY
    * CLOSING DATE OF TRANSACTION IS EXPECTED TO BE AROUND 14
APRIL
2023

Source text for Eikon:  ID:nObi8F9C7a 
Further company coverage:  NAPA.OL 
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