Bifogade filer
Divio Technologies increases guarantee commitments in the upcoming rights issue to 100 percent
Kurs & Likviditet
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Programvara |
NOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, RUSSIA, BELARUS, OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE MEASURES BEYOND THOSE REQUIRED UNDER SWEDISH LAW. SEE THE "IMPORTANT INFORMATION" SECTION AT THE END OF THIS PRESS RELEASE.
On October 18, 2024, the board of Divio Technologies AB ("Divio" or the "Company"), with authorization from the annual general meeting on June 7, 2024, decided to carry out a rights issue of approximately SEK 15.5 million (the "Rights Issue"). At that time, the Rights Issue was secured through subscription commitments and guarantee commitments amounting to approximately 95.8 percent. Today, the board of the Company has received additional guarantee commitment of approximately SEK 0.6 million, corresponding to about 4.2 percent of the Rights Issue (the "New Guarantee Commitment"). Therefore, the subscription commitments and guarantee undertakings now amount to SEK 15.5 million, corresponding to 100 percent of the Rights Issue.
On October 18, 2024, the board of Technologies AB, based on the authorization from the annual general meeting on June 7, 2024, decided to carry out a rights issue of approximately SEK 15.5 million before issuance costs. At that time, the Rights Issue was secured through subscription commitments and guarantee commitments amounting to approximately 95.8 percent. The New Guarantee Commitment amounts to approximately SEK 0.6 million, corresponding to about 4.2 percent of the Rights Issue. The New Guarantee Commitment means that subscription commitments and guarantee commitments in the Rights Issue now amounts to 100 percent.
The New Guarantee Commitment is placed together with previous commitments in guarantee tranche 3, which expands the scope of guarantee tranche 3 from approximately SEK 1.8 million (12.3 percent) to about SEK 2.5 million (16.5 percent). Guarantee tranche 3 is of the “top-down” type, meaning that guarantors commit to subscribing to the number of shares that may remain to achieve full subscription, but never more than their individual commitment.
For the New Guarantee Commitment, a compensation of 15 percent of the guaranteed amount in cash is offered, or alternatively 20 percent compensation in the form of additional shares under the same terms as the Rights Issue.
The subscription period for the Rights Issue begins on October 29, 2024, and runs until November 12, 2024. For the full terms of the Rights Issue, please see the press release issued by the Company on October 18, 2024.
Summary of the Rights Issue
- The Rights Issue includes a maximum of 128 900 844 new shares of series B.
- The subscription price is set at SEK 0.12 per new share. If fully subscribed, the Company will raise approximately SEK 15.5 million before issuance costs.
- Existing shareholders as of the record date on October 25, 2024, will receive one (1) subscription right for each held A and/or B share. Thirteen (13) subscription rights entitle the holder to subscribe for nine (9) new shares of series B.
- The subscription period for the Rights Issue runs from October 29, 2024, to November 12, 2024.
Advisors
In connection with the Rights Issue, Divio has assigned Sedermera Corporate Finance AB as financial advisor, Eversheds Sutherland Advokatbyrå AB as legal advisor and Nordic Issuing AB as issuing institution.
For more information about the Rights Issue, please contact:
Sedermera Corporate Finance AB
Phone: +46 (0)40 615 14 10
E-mail: cf@sedermera.se
www.sedermera.se
For further information about the Company, please contact:
Jon Levin, CEO Divio Technologies AB
Phone: +46 (0)73 244 70 66
E-mail: jon.levin@divio.ch
Certified Adviser
FNCA Sweden AB
Phone: +46 (0)8 528 00 399
E-mail: info@fnca.se
This press release is an English translation of the Swedish original. In the event of any discrepancies, the Swedish version shall govern.