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Loudspring carries out a directed share issue of EUR 0,8 million
Loudspring Oyj
Company release, inside information
19.11.2021, 17:00 (EET)
Based on the authorization granted by the Annual General Meeting of the Company on 23 April 2021, the Board of Directors of Loudspring Oyj ("Loudspring" or the "Company") have on 19 November 2021 resolved on a directed share issue of EUR 800 000 to a group of investors (the "Share Issue").
In the Share Issue, 4 000 000 new class A shares (the "Offer Shares") were offered. The subscription price in the Share Issue was set at EUR 0,20 per Offer Share and amounts to a total of EUR 800 000. The entire subscription price of the Offer Shares will be recorded in the Company's reserve for invested unrestricted equity. The reasons for the deviation from the shareholders' preemptive rights was to raise capital in a time and cost-effective manner.
The Offer Shares represent approximately 8,5 % of the outstanding shares and 3,1% of the votes in the Company after the Share Issue. Following the Share Issue, the number of issued and outstanding class A shares of the Company will be 42 953 097. The total number of issued and outstanding shares of the Company will be 47 261 691
Loudspring Oyj
Board of Directors