Brief: Ekobot Decides On A Rights Issue Of Units Of About SEK 13.6 Mln

Newlist AB (publ)

21/03/2022 08:09

March 21 (Reuters) - Ekobot AB (publ)  EKOBOT.ST :
    * EKOBOT DECIDES ON A RIGHTS ISSUE OF UNITS OF APPROXIMATELY
SEK
13.6 MILLION
    * RIGHTS ISSUE IS COVERED TO ABOUT 68% BY SUBSCRIPTION
COMMITMENTS
AND GUARANTEE COMMITMENTS
    * UPON FULL SUBSCRIPTION, COMPANY WILL RECEIVE AN ISSUE
PROCEEDS
OF APPROXIMATELY SEK 13.6 MILLION BEFORE ISSUE COSTS
    * SUBSCRIPTION PRICE OF SEK 80.00 PER UNIT (SEK 8.00 PER
SHARE)
    * SUBSCRIPTION PERIOD FOR RIGHTS ISSUE IS EXPECTED TO BEGIN
ON MAY
2, 2022 AND END ON MAY 16, 2022
    * RIGHTS ISSUE TO SUPPORT BEGINNING OF COMMERCIALIZATION
PHASE OF
AUTONOMOUS AGRICULTURAL ROBOTS, WITH A FIRST ORDER IN PLACE FOR
2022 CULTIVATION SEASON
    * ALSO DECIDED ON DIRECTED NEW ISSUE OF CONVERTIBLES TO
FORMUE
NORD FOKUS A / S
    * CONVERTIBLE ISSUE OF NOMINAL AMOUNT OF SEK 3.0 MILLION
WITH
QUARTERLY INTEREST RATE OF 3%
    * CONVERTIBLE ISSUE WITH RIGHT TO CONVERT TO NEW SHARES AT
CONVERSION PRICE OF SEK 9.60 UNTIL 30 APRIL 2023

Source text for Eikon:  ID:nMFN4MNywp 
Further company coverage:  EKOBOT.ST 

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