Bifogade filer
Insplorion AB publishes prospectus regarding rights issue of units of approximately SEK 34.3 million
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Industri |
| Industri | Industriprodukter |
THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL OR DEMAND ADDITIONAL REGISTRATION OR OTHER MEASURES. PLEASE REFER TO “IMPORTANT INFORMATION” IN THE END OF THIS PRESS RELEASE.
Insplorion AB ("Insplorion" or the "Company") publishes an EU growth prospectus (the "Prospectus") in connection with the rights issue of units consisting of shares and warrants with preferential rights for Insplorion's existing shareholders (the "Rights Issue"), which was resolved by the Board of Directors on 2 September 2024 and approved by the Extraordinary General Meeting on 2 October 2024. The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority. Upon full subscription in the Rights Issue, the Company will receive approximately SEK 34.3 million before issue costs. Upon full exercise of all warrants during the period 7 – 20 May 2025, the Company may receive an additional amount of approximately SEK 9–43 million. The proceeds from the Rights Issue will be used to finance the acceleration of the Company's development of its hydrogen sensor.
Timetable for the Rights issue:
- Subscription period: 8 – 22 October, 2024
- Trading in unit rights: 8 – 17 October, 2024
- Estimated period for trading in BTU: 8 October, 2024 – 13 November, 2024
- Estimated date for publication of the outcome of the Rights Issue: 24 October, 2024
More details regarding the Rights Issue are also available on the following link.
The Prospectus, containing complete terms and conditions and instructions, is available on Insplorion’s, Bergs Securities’ (previously named Hagberg & Aneborn) and Redeye’s respective websites (www.insplorion.com, www.bergssecurities.se, www.redeye.se). The Prospectus will also be available on the Swedish Financial Supervisory Authority’s website www.fi.se. Application forms will be available on the Insplorion’s, Bergs Securities’ and Redeye’s respective websites. Application forms can be obtained by contacting the issuing agent Bergs Securities AB on telephone number +46 8 408 933 50 or e-mail info@bergssecurities.se.
Advisors
Redeye is financial advisor and Fredersen Advokatbyrå is legal advisor to Insplorion in connection with the Rights Issue. Bergs Securities (previously named Hagberg & Aneborn) is the issuing agent in connection with the Rights Issue.
For further information, contact:
Johan Rask, CEO, Insplorion
Tel: +46 708 94 60 60
E-mail: johan.rask@insplorion.com
About Insplorion
Insplorion’s vision is to use sensor technology for an accelerated transition to a sustainable future. With its unique sensor platform NanoPlasmonic Sensing (NPS), Insplorion operates within two fields; hydrogen sensors and research instruments. The hydrogen sensors enable safe and efficient deployment of hydrogen infrastructure through its unique benefits in detection speed, selectivity and ability to function in environments where many sensor technologies cannot. Our instruments give scientists around the world real time data within battery research and surface processes in fields like catalysis, material- and life science. Redeye AB is Insplorion’s Certified Adviser on Nasdaq First North Growth Market.
IMPORTANT INFORMATION
This press release does not contain and does not constitute an offer to acquire, subscribe or otherwise trade in shares, Units, unit rights, BTUs, convertibles or other securities in Insplorion. The offer to relevant persons regarding the subscription of Units in Insplorion will only be made through the Prospectus that Insplorion has published on its website after approval and registration with the Swedish Financial Supervisory Authority.
The information in this press release may not be disclosed, published or distributed, directly or indirectly, in or into the United States (including its territories and possessions), Australia, Belarus, Hong Kong, Japan, Canada, New Zealand, Russia, Switzerland, Singapore, South Africa, South Korea or any other jurisdiction where distribution or publication would be illegal or require registration or other measures than those that follow from Swedish law. Actions that violate these restrictions may constitute a violation of applicable securities laws.
No shares, Units, warrants, BTUs, convertibles or other securities have been registered, and no shares, Units, warrants, BTUs, convertibles or other securities will be registered under the United States Securities Act of 1933 as currently amended (“Securities Act”) or the securities legislation of any state or other jurisdiction of the United States and no shares, Units, warrants, BTUs, convertibles or other securities may be offered, sold, or otherwise transferred, directly or indirectly, within or into the United States, except under an available exemption from, or in a transaction not subject to, the registration requirements under the Securities Act and in compliance with the securities legislation in the relevant state or any other jurisdiction of the United States.
In all EEA Member States (”EEA”), other than Sweden, Denmark, Finland and Norway, this press release is intended for and is directed only to qualified investors in the relevant Member State as defined in the Regulation (EU) 2017/1129 (together with associated delegated regulations and implementing regulations, the “Prospectus Regulation”), i.e. only to those investors who can receive the offer without an approved prospectus in such EEA Member State.
In the United Kingdom, this press release is directed and communicated only to persons who are qualified investors as defined in Article 2(e) of the Prospectus Regulation (as incorporated into domestic law in the United Kingdom) who are (i) persons who fall within the definition of “professional investors” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Regulation”), or (ii) persons covered by Article 49(2)(a) - (d) in the Regulation, or (iii) persons to whom the information may otherwise lawfully be communicated (all such persons referred to in (i), (ii) and (iii) above are collectively referred to as “Relevant Persons”). Securities in the Company are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will only be processed in respect of Relevant Persons. Persons who are not Relevant Persons should not act based on or rely on the information contained in this press release.
This announcement does not constitute an investment recommendation. The price and value of securities and any income from them can go down as well as up and you could lose your entire investment. Past performance is not a guide to future performance. Information in this announcement cannot be relied upon as a guide to future performance.
FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may contain forward-looking statements. Such statements are all statements that are not historical facts and contain expressions such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “continues”, “should” and other similar expressions. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on additional assumptions. Although Insplorion believes these assumptions were reasonable when made, such forward-looking statements are subject to known and unknown risks, uncertainties, contingencies and other material factors that are difficult or impossible to predict and beyond its control. Such risks, uncertainties, contingencies and material factors could cause actual results to differ materially from those expressed or implied in this communication through the forward-looking statements. The information, perceptions and forward-looking statements contained in press release speak only as at its date, and are subject to change without notice. Insplorion undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or other circumstances, except for when it is required by law or other regulations. Accordingly, investors are cautioned not to place undue reliance on any of these forward-looking statements.