Brief: Subgen AI Announces Prelim Outcome Of Voluntary Public Offer

Subgen AI AB

02/04/2026 07:09

April 2 (Reuters) - Subgen AI AB SUBGEN.ST:

SAID ON WEDNESDAY ANNOUNCES PRELIMINARY OUTCOME OF THE VOLUNTARY PUBLIC OFFER OF ITS CONTROLLED SPANISH SUBSIDIARY SUBSTRATE ARTIFICIAL INTELIGENCE

TO TRANSFER A MAXIMUM OF 162,426,300 A SHARES ISSUED BY SUBSTRATE AI TO SUBGEN AI, AGAINST CONSIDERATION IN THE FORM OF A TOTAL OF A MAXIMUM 974,557,800 NEWLY ISSUED ORDINARY SHARES IN SUBGEN AI

OFFER ENTAILED THAT THE SHAREHOLDERS OF SUBSTRATE AI WERE OFFERED SIX (6) ORDINARY SHARES IN SUBGEN AI FOR EACH (1) A SHARE IN SUBSTRATE AI

AS THE CONDITION FOR COMPLETION OF THE OFFER IS DEEMED TO HAVE BEEN FULFILLED, THE BOARD OF DIRECTORS OF SUBGEN AI HAS RESOLVED TO DECLARE THE OFFER UNCONDITIONAL AND TO COMPLETE THE OFFER

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 (Gdansk Newsroom)

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