Brief: Subgen AI Plans Share Issue, Eyes 58.8% Substrate AI Stake
BRIEF-Subgen AI Plans Share Issue, Eyes 58.8% Substrate AI Stake June 5 (Reuters) - Subgen AI AB SUBGEN.ST:
ANNOUNCES DIRECTED ISSUE OF ORDINARY SHARES AND WARRANTS WITH PAYMENT IN KIND CONSISTING OF A SHARES IN SUBSTRATE AI
RESOLVES ON DIRECTED ISSUE OF UP TO 671.72 MILLION ORDINARY SHARES FOR SEK 59.5 MILLION
DIRECTED ISSUE OFFERS ABOUT 12.3 SUBGEN AI ORDINARY SHARES PER SUBSTRATE AI A SHARE
TO HOLD ABOUT 58.6% OF CAPITAL AND ABOUT 58.8% OF VOTES IN SUBSTRATE AI AFTER ISSUE
RESOLVES ON ISSUE OF UP TO 671.72 MILLION ORDINARY SHARES AND 105 MILLION WARRANTS
PAYMENT IN KIND VALUED AT €5.47 MILLION OR SEK 59.51 MILLION
Source text: ID:nMFN7ly26h
Further company coverage: SUBGEN.ST
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