Brief: Norwegian Block Exchange Receives Guarantees From Existing Shareholders For Nok 10 Mln In New Equity In Contemplated Capital Raise

Norwegian Block Exchange AS

18/08/2022 09:05

Aug 18 (Reuters) - Norwegian Block Exchange AS  NBX.OL :
    * HAS RECEIVED GUARANTEES FROM EXISTING SHAREHOLDERS FOR NOK
10
MILLION IN NEW EQUITY IN A CONTEMPLATED CAPITAL RAISE
    * SUBSCRIPTION PRICE WILL BE SET AFTER TOTAL CONTEMPLATED
CAPITAL
RAISE ISFINALIZED AND IS DEPENDENT ON APPROVAL FROM GENERAL
ASSEMBLY
    * INTENDS TO USE NET CASH PROCEEDS IT WILL RECEIVE FROM
CONTEMPLATED PRIVATE PLACEMENT TO FUND ITS DEVELOPMENT
ACTIVITIES AND FORGENERAL CORPORATE PURPOSES


Further company coverage:  NBX.OL 

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