2024-07-01 06:45:43
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Trondheim, Norway1 July 2024Reference is made to the announcement from CrayoNano AS ("CrayoNano" or the "Company") on 20 June 2024 regarding the start of the subscription period in the subsequent offering of up to 1,189,059 new preference shares (the "Offer Shares") at a subscription price of NOK 14.00 per share (the "Subsequent Offering").
The subscription period for the Subsequent Offering expired on Friday 28 June 2024 at 16:30 CEST and the final counting shows that the Company received subscriptions for a total of 253 405 Offer Shares during the subscription period.
The allocation of the Offer Shares in the Subsequent Offering will be made by the board of directors of the Company as soon as possible after the authorization to increase the share capital granted by the annual general meeting held on 15 Jun 2024 is registered in the Norwegian Register of Business Enterprises. This will impact the timeline for the notifications of allotment, payment and settlement of the Offer Shares. The Company will revert with an updated timeline once the allocation has been resolved by the board of directors.
For further information, please contact:
Jens Kielland, CFO
Tel: + 47 95 81 55 81
Email: jens.kielland@crayonano.com
About CrayoNano AS
CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports our customers with global sales representatives and distributors in EMEA, APAC and Americas. CrayoNanos innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.