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Oslo, 6 June 2024: Reference is made to the stock exchange announcement by Circio Holding ASA (OSE:CRNA) ("CIRCIO" or the "Company") on 30 May and 3 June 2024, regarding the requested conversions of convertible bonds by Atlas Special Opportunities, LLC ("Atlas") and to the stock exchange announcements on 29 May 2024 regarding the terms and key information of the rights issue to raise gross proceeds of up to NOK 52 million (the "Rights Issue").
The share capital increase regarding the requested conversions of convertible bonds by Atlas has now been registered with the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret). The Company's new share capital is NOK 6,392,893.20 divided into 10,654,822 shares, each with a nominal value of NOK 0.60.
As a result of the increase in number of shares in the Company, the number of subscription rights in the Rights Issue per existing share will be 1.945786612, rounded down to the nearest whole subscription right.