NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
Comment from
I am very pleased and grateful for the interest our shareholders have shown in this issue of warrants, and the fact that there has also been a great interest in participating even without priority is of course very encouraging. We look forward to next year and our plans for the launch of SCIZYS where the capital will be of great use.
Final outcome
The subscription period in the Issue ended
Upon full exercise of all warrants of series TO5 issued in the Issue, the Company may be provided with an additional capital injection of up to approximately
Allotment of units subscribed without the support of unit rights
Allotment of units subscribed for without the support of unit rights has taken place in accordance with what is stated in the prospectus that the Company published on
Trading with paid subscribed units (”BTU”)
Trading with BTU takes place until BTU is converted to warrants of series TO5 and warrants of series TO6, which will be converted upon registration of the Issue at the Swedish Companies Registration Office, expected to take place during week 52, 2023.
Shares, share capital and dilution
If all warrants of series TO5 (comprising warrants of series TO5 issued within the scope of the Issue as well as warrants of series TO5 previously issued according to public announcements from the Company) are fully exercised for subscription of new shares in the Company, the number of shares in the Company will increase with an additional 34,406,248 shares, from 206,437,488 shares to 240,843,736 shares, and the share capital will increase with an additional
If all warrants of series TO6 (comprising warrants of series TO6 issued within the scope of the Issue as well as warrants of series TO6 previously issued according to public announcements from the Company) are fully exercised for subscription of new shares in the Company, the number of shares in the Company will increase with an additional 34,406,248 shares, from 240,843,736 shares to 275,249,984 shares, and the share capital will increase with an additional
Warrants of series TO5
- Each warrant of series TO5 entitles the holder to subscribe for one (1) new share in the Company. The subscription price for shares subscribed for using the warrants of series TO5 is 70 percent of the volume-weighted average price of the Company's share during the period from
May 13, 2024 toMay 24, 2024 , however, not less than the share's quotient value (currentlySEK 0.025 ) and not more thanSEK 1.20 . - The warrants of series TO5 can be exercised for the subscription of new shares during the period from
May 27, 2024 toJune 10, 2024 . - Upon full subscription in the Issue and full exercise of all warrants of series TO5 within the scope of the offered units, the Company may receive a maximum of approximately
SEK 41.3 million before transaction costs. - The warrants of series TO5 are intended to be admitted to trading on NGM Nordic SME after final registration with the Swedish Companies Registration Office.
- Full terms and conditions for the warrants of series TO5 are available on the Company's website, www.lumito.se.
Warrants of series TO6
- Each warrant of series TO6 entitles the holder to subscribe for one (1) new share in the Company. The subscription price for shares subscribed for using the series TO6 warrants is 70 percent of the volume-weighted average price of the Company's share during the period from
October 21, 2024 toNovember 1, 2024 , however, not less than the share's quotient value (currentlySEK 0.025 ) and not more thanSEK 1.40 . - The warrants of series TO6 can be exercised for the subscription of new shares during the period from
November 4, 2024 toNovember 15, 2024 . - Upon full subscription in the Issue and full exercise of all warrants of series TO6 within the scope of the offered units, the Company may receive a maximum of approximately
SEK 48.2 million before transaction costs. - The warrants of series TO6 are intended to be admitted to trading on NGM Nordic SME after final registration with the Swedish Companies Registration Office.
- Full terms and conditions for the warrants of series TO6 are available on the Company's website, www.lumito.se.
Advisers
© Modular Finance, source