The company would like to make all participants in the preferential rights issue, who thus received subscription warrants of the TO 2 series, aware of this opportunity to subscribe for shares in Smoltek with a 30 percent discount compared to the market price during the measurement period. Those who do not wish to exercise their subscription warrants also have the option to sell them. As with Smoltek's shares, the trading with Smoltek's warrants of the TO 2 series is conducted by Spotlight Stock Market.

Strong potential in a very large market  
Smoltek is developing process technology and concepts for applications based on carbon nanotechnology, primarily for the global semiconductor industry. At the end of March, Smoltek signed an evaluation license agreement with one of the world's largest capacitor manufacturers. The aim is for the agreement to lead to a commercial production license agreement in the next step. The order value for this first step amounts to approximately SEK 1 million.

"This is the first license agreement that we have signed for our CNF-MIM technology, making it an important milestone for Smoltek. Both parties understand that our technology has great potential in the market for miniaturized high-performing capacitors," says Smoltek's CEO Anders Johansson.

During the autumn of 2019, Smoltek was able to demonstrate that the company's CNF-MIM technology is competitive from an industrial perspective as it offers improved performance while using just a fraction of the space needed for conventional capacitors.

"A substantial reduction of the capacitor thickness is highly coveted in advanced 2.5D and 3D semiconductor circuit packaging solutions," says Smoltek's COO Ola Tiverman.

Exercise period of subscription warrant TO 2  
Exercise period: April 20, 2020 - April 30, 2020  
Date for publication of subscription price: April 17, 2020 

Terms in brief  
One (1) subscription warrant of series TO 2 entitles the holder to subscribe for one (1) new share in the company. The subscription price of the warrants amounts to seventy (70) percent of the average volume-weighted share price according to Spotlight Stock Market's official price statistics during the ten (10) day trading period ending two (2) banking days before the exercise period begins, but not exceeding SEK 100.00. Subscription of shares in the company with the support of warrants of series TO 2 shall take place during the period from April 20, 2020 to April 30, 2020.  

Exercising of TO 2 warrants for those with a VP account  
If you have TO 2 subscription warrants in Smoltek in a VP account, use the subscription form: "Anmälan för påkallning av TO 2" (only available in Swedish), send it to Partner Fondkommission AB and pay the balance according to the instructions on the form. 

Exercising of TO 2 warrants for those with a custodial account/trust account 
If you have TO 2 subscription warrants in a custodial account/trust account, contact your trustee to register for subscription with the support of TO 2 according to the trustee's instructions.

More information about the offer is available at: https://www.smoltek.com/teckningsperiod-to2